Ni Hsin Group ties up with China’s VMoto

PETALING JAYA: Ni Hsin Group Bhd’s wholly-owned subsidiary, Ni Hsin EV Tech Sdn Bhd, has entered into an exclusive assembly and distribution agreement (Eada) with Nanjing Vmoto Manufacturing Co Ltd (VMoto) of China for the exclusive rights to assemble, stock, advertise, rent/lease and distribute VMoto electric motorcycles model CPX-Pro and TC-Max in Malaysia.

The Eada will be valid until Dec 31, 2026, it said in a statement.