Xijing Technology and Cenntro Electric have reached a strategic cooperation to promote the development of new energy unmanned driving and intelligent networked heavy trucks

2
On August 26, Xijing Technology and Cenntro Electric (NASDAQ: CENN) signed a strategic cooperation agreement to jointly develop new energy driverless and intelligent networked heavy trucks and other models, and promote the overseas operation of Xijing's self-developed battery swap stations. Xijing Technology's Qomolo brand includes a variety of driverless commercial vehicles and intelligent networked trucks, which have been commercialized in Thailand and the UAE. Cenntro Electric focuses on urban logistics and last-mile delivery in Europe and the United States. This cooperation will strengthen the complementarity of the two parties in the field of new energy commercial vehicles and activate the energy and financial markets behind logistics and transportation.