D&O poised to ride on electric vehicle sector

Tesla 3 electric car on display in China

PETALING JAYA: D&O Green Technologies Bhd (D&O) is in a good position to capture the bigger demand from the electric vehicle (EV) industry as it manufactures smart LEDs for this sector.

It is also expected that EV sales would continue to grow in China, according to Kenanga Research. “We see the demand trend for EVs to continue rising tremendously on the back of the government’s (China) push for lowering carbon emission.