Nexgram to venture into EV business

KUALA LUMPUR: Technology company Nexgram Holdings Bhd is venturing into the electric car business in partnership with a Chinese supplier.

The company, in a filing with Bursa Malaysia today, said it has entered a strategic cooperation framework agreement (SCFA) with a Shanghai-based Zhida Group for distributorship and joint venture in electronic vehicle (EV) charging products and services in South East Asia.