Ni Hsin to explore partnership in EV bike development

KUALA LUMPUR: Ni Hsin Group Bhd's subsidiary Ni Hsin EV Tech Sdn Bhd has teamed up with Dongguan Tailing Motor Vehicle Co Ltd to explore opportunities in the electric vehicles (EV) space in Malaysia and Asean for commercial purposes.

Ni Hsin, formerly known as Ni Hsin Resources Bhd, said in a statement that Dongguan Tailing Motor Vehicle is one of the top three manufacturers of electric two-wheelers in China with a presence in over 75 countries.

Its research and development has over 420 patents relating to high-performance EV, extended efficiency and cloud services, it added.

Ni Hsin has created its proprietary Mobile Beverage Machine which uses EV bikes to power its operation of coffee machines to serve customers in cities around the country.

Its collaboration with Dongguan Tailing Motor Vehicle will develop the EV bikes as the group look towards expanding the business model across Asean.

With the transport sector being responsible for 14% of global greenhouse gas emissions, the challenge of reducing trnasport emissions is becoming increasingly important, said Ni Hsin EV Tech managing director Khoo Chee Kong.

"This puts the emphasis on technological and organisational change, steering the world towards electromobility and zero-emission transport with the ultimate effect of reducing emissions in this sector and improving the health of the planet's population," he said.
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