Ni Hsin EV Tech managing director Khoo Chee Kong said: “Our collaboration with MNAE complements our venture into the e-mobility business as battery systems are critical to EV Two Wheelers that we are developing in a collaboration with Dongguan Tailing Electric Vehicle Co Ltd.”
PETALING JAYA: Ni Hsin Group Bhd
’s unit has entered into a heads of agreement (HoA) with MNA Energy Sdn Bhd (MNAE) to develop battery technology for electric motorcycles, or EV Two Wheelers.
The cookware maker said the HoA signed by its wholly owned subsidiary Ni Hsin EV Tech Sdn Bhd would also allow the group to participate in the business and growth of MNAE.
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