Jiuzi Holdings signs strategic cooperation with Zhejiang Shuke Automobile Service Co.

Auto Business News-June 23, 2022--Jiuzi Holdings signs strategic cooperation with Zhejiang Shuke Automobile Service Co

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Auto Business News - 23 June 2022

Jiuzi Holdings, Inc. (NASDAQ: JZXN), a new energy vehicles franchisor and retailer under the brand name 'Jiuzi' in China, has signed a strategic cooperation with Zhejiang Shuke Automobile Service Co. Ltd., a China-based car dealer.

The partnership will be operated by its newly established subsidiary Hangzhou Jiuyao New Energy Automobile Technology Co. Ltd.

Under the contract, Jiuyao has been granted a non-exclusive right to engage in the sales of Shuke electric-vehicle (EV) cars, Shuke's car-hailing business, and financial products. Jiuyao is planning to purchase 200 standard and...

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