DFSK

Jiuzi Holdings Inc. Signs Extension Agreement with Dongfeng Fengon and Plans to Launch Extended Range and Battery-Swapping electric MPV

Retrieved on: 
Tuesday, February 28, 2023

Pursuant to a purchase agreement ("Purchase Agreement") signed by Jiuyao and Chongqing Fengon dated August 2, 2022, Jiuyao would purchase 5,000 micro electric passenger cars customized for Jiuyao ("Jiuyao Mini EV") from Chongqing Fengon by December 28, 2022.

Key Points: 
  • Pursuant to a purchase agreement ("Purchase Agreement") signed by Jiuyao and Chongqing Fengon dated August 2, 2022, Jiuyao would purchase 5,000 micro electric passenger cars customized for Jiuyao ("Jiuyao Mini EV") from Chongqing Fengon by December 28, 2022.
  • Under the Extension Agreement, the two parties have also agreed that the Purchase Agreement will include the trade of Jiuyao MPV, which was launched in October 2022.
  • Jiuyao MPV is custom-made vehicle based on Dongfeng Fengon's MPV model "Fengon 380."
  • Since Jiuyao MPV has gained considerable accolades from the market, the Company plans to further launch an upgraded version in the first half of 2023.

Jiuzi Holdings Inc.to Launch its First Custom-Made Electric MPV by Dongfeng Fengon

Retrieved on: 
Monday, October 10, 2022

Jiuyao MPV will be custom-made based on Dongfeng Fengon's MPV model "Fengon 380" to cater to the needs of customers buying vehicles for household uses and business uses.

Key Points: 
  • Jiuyao MPV will be custom-made based on Dongfeng Fengon's MPV model "Fengon 380" to cater to the needs of customers buying vehicles for household uses and business uses.
  • JZXN will collaborate with its strategic business partner to provide battery-swap technology and battery-swap stations that match Jiuyao MPV.
  • Dongfeng Fengon (or Fengguang) is a passenger car sub-brand under Dongfeng Sokon Motor Co., Ltd.("DFSK Motor") committed to building a passenger car brand with all categories of MPVs and SUVs.
  • It currently has six SUV models: Fengon 500, Fengon 580 Red Star Edition, Fengon 580 Pro, Fengon ix5, Fengon ix7 and Fengon S560, as well as three MPV models, Fengon 330Fengon 330S and Fengon 380.

Jiuzi Holdings Inc.to Debut First Custom EV and Signs Purchase Agreement with DFSK Motor

Retrieved on: 
Friday, September 9, 2022

Pursuant to the Agreement, by the end of 2022, DFSK Motor will deliver 5,000 micro electric passenger cars customized for Jiuyao ("Jiuyao Mini EV") based on its best-selling model "Dongfeng Mini EV Candy".

Key Points: 
  • Pursuant to the Agreement, by the end of 2022, DFSK Motor will deliver 5,000 micro electric passenger cars customized for Jiuyao ("Jiuyao Mini EV") based on its best-selling model "Dongfeng Mini EV Candy".
  • Serving as an important strategic move for JZXN's car rental and ride-hailing business initiatives, Jiuyao provides cost-effective vehicle procurement services for fleet management companies and ride-hailing companies.
  • Jiuyao Mini EV is designed for JZXN's "Capital Partners" ("CP") clients who own, manage, and trade ride-hailing vehicle assets.
  • Jiuzi Holdings, Inc., headquartered in Hangzhou, China, and established in 2017, franchises and operates retail stores under the brand name "Jiuzi" to sell New Energy Vehicles ("NEVs") in third and fourth-tier cities in China.

SERES Partners with Buffett-backed BYD to Develop Next-Generation Power Electronics

Retrieved on: 
Monday, November 18, 2019

SERES, a subsidiary of Chongqing Sokon Industrial Group Co., Ltd. (SHA: 601127), and Shenzhen BYD Microelectronics Co., Ltd. (BYD Microelectronics) signed a strategic cooperation agreement at a ceremony held at SERESs China headquarters.

Key Points: 
  • SERES, a subsidiary of Chongqing Sokon Industrial Group Co., Ltd. (SHA: 601127), and Shenzhen BYD Microelectronics Co., Ltd. (BYD Microelectronics) signed a strategic cooperation agreement at a ceremony held at SERESs China headquarters.
  • BYD Microelectronics operates Chinas most comprehensive value chain of automotive-grade IGBTs, producing IGBT modules and wafers, SiC modules and wafers, automotive current sensors, MCUs, IPMs and other related products.
  • The signing of this agreement will promote cooperation between the two parties in the field of new energy vehicle power electronics, advancing the design and development of such products as high-power motor controllers, vehicle controllers, network controllers and high-voltage power distribution boxes.
  • SERES is a powertrain system solutions provider with fully integrated R&D, production, supply chain and sales operations.

Former General Motors senior executive takes co-CEO of EV startup Seres

Retrieved on: 
Tuesday, July 23, 2019

SAN FRANCISCO, July 23, 2019 /PRNewswire/ -- Former General Motors senior executive James Taylor has just taken the office as co-CEO of China's electric vehicle (EV) startup Seres, and he introduced the company's new adjustments and plans to a visiting group from China's Chongqing Liangjiang New Area.

Key Points: 
  • SAN FRANCISCO, July 23, 2019 /PRNewswire/ -- Former General Motors senior executive James Taylor has just taken the office as co-CEO of China's electric vehicle (EV) startup Seres, and he introduced the company's new adjustments and plans to a visiting group from China's Chongqing Liangjiang New Area.
  • As early as 2016 when Seres set up office in the United States, it decided to develop core technologies of EVs based on the technology highlands of Silicon Valley, said Taylor.
  • When serving as a senior executive of General Motors, Taylor led the innovative design and technology upgrading of the new model of Cadillac, which contributed to the revival of the brand.
  • Formerly known as SF Motors, Seres is the EV unit of China's Chongqing Sokon Industry Group (Sokon).

Former General Motors senior executive takes co-CEO of EV startup Seres

Retrieved on: 
Tuesday, July 23, 2019

SAN FRANCISCO, July 23, 2019 /PRNewswire/ -- Former General Motors senior executive James Taylor has just taken the office as co-CEO of China's electric vehicle (EV) startup Seres, and he introduced the company's new adjustments and plans to a visiting group from China's Chongqing Liangjiang New Area.

Key Points: 
  • SAN FRANCISCO, July 23, 2019 /PRNewswire/ -- Former General Motors senior executive James Taylor has just taken the office as co-CEO of China's electric vehicle (EV) startup Seres, and he introduced the company's new adjustments and plans to a visiting group from China's Chongqing Liangjiang New Area.
  • As early as 2016 when Seres set up office in the United States, it decided to develop core technologies of EVs based on the technology highlands of Silicon Valley, said Taylor.
  • When serving as a senior executive of General Motors, Taylor led the innovative design and technology upgrading of the new model of Cadillac, which contributed to the revival of the brand.
  • Formerly known as SF Motors, Seres is the EV unit of China's Chongqing Sokon Industry Group (Sokon).