ZO Motors Holdings Limited, a leading innovative new energy commercial vehicle company, also known as “Da Xiang” or “ZO Motors,” announced that it has officially signed a comprehensive strategic cooperation agreement with Weichai New Energy Commercial Vehicle Co., Ltd. (“Weichai New Energy Commercial Vehicle”) to carry out comprehensive and in-depth cooperation in the production and manufacturing of new energy vehicles, joint development of products, and global sales. The two sides announced that they will use new energy products as the cooperative models,and use Weichai New Energy Commercial Vehicle’s third-generation pure electric platform as the basis to jointly develop left-hand and right-hand products suitable for regional market demands and sell them in global markets except China. In addition, Da Xiang has released its global brand strategy, and mass-produced models will be launched in Japan, the United States, South America, Southeast Asia, the Middle East and other markets in succession. Da Xiang’s team is composed of senior management personnel from several globally renowned vehicle and high-tech companies such as Tesla, Volvo, Toyota, Ford, and Rivian.
On January 17th, 2024, ZO Motors Holdings Limited, a leading innovative new energy commercial vehicle company, also known as “Da Xiang” or “ZO Motors,” announced that it has officially signed a comprehensive strategic cooperation agreement with Weichai New Energy Commercial Vehicle Co., Ltd. (“Weichai New Energy Commercial Vehicle”) to carry out comprehensive and in-depth cooperation in the production and manufacturing of new energy vehicles, joint development of products, and global sales. The two sides announced that they will use new energy products as the cooperative models,and use Weichai New Energy Commercial Vehicle’s third-generation pure electric platform as the basis to jointly develop left-hand and right-hand products suitable for regional market demands and sell them in global markets except China.
ZO Motors, a Japanese-originated smart electric commercial vehicle brand, is a wholly-owned subsidiary of Hong Kong-listed company Elephant Future Group (stock code 02309). The company is mainly engaged in the research, development, manufacturing, and sales of smart electric commercial vehicles.
Under the strategic agreement, ZO Motors will leverage Weichai New Energy Commercial Vehicle's product platform and production base to develop, manufacture, and sell ZO Motors-branded smart electric commercial vehicles. ZO Motors' commercial vehicles will be primarily sold in overseas markets, and will be launched in Japan, the United States, South America, Southeast Asia, and the Middle East in the near future. ZO Motors will also continue to explore deeper and more comprehensive strategic cooperation with Weichai New Energy Commercial Vehicle.
A global team of experienced executives with a global vision
Joost de Vries, CEO of ZO Motors, has over 35 years of experience in commercial vehicle manufacturing, operation, and management in North America, South America, the Middle East, China, and Japan. Prior to joining ZO Motors, he held various executive positions at leading automotive companies, including Volvo Trucks, Volvo Buses, Tesla, Mack Trucks, and Drone Automotive. He led the construction of Tesla's European assembly plant in the Netherlands and personally established Tesla's global after-sales service system. He also represented Volvo Buses in managing its joint venture bus business in China and establishing an SKD plant in Egypt. He is a truly global leader with a rare combination of experience in production, sales, and service.
Hedong He, Vice President of ZO Motors Future Group and President of ZO Motors Asia Pacific, has over 17 years of senior management experience in passenger car brands such as Mercedes-Benz, Lexus, Mazda, and Volkswagen, as well as commercial vehicle brands such as Auman, Dongfeng, Shaanxi Automobile, Sinotruk, and Jianghuai. He also operated regional central warehouses for after-market brands such as Cummins, Weichai, and Foton, with years of experience in after-sales service and spare parts operation management. He has also successfully founded several logistics and warehousing companies, with rich practical experience in industrial logistics systems, operation of new energy heavy trucks, charging networks, and the construction of IoT platforms.
Teruyoshi Teranishi, Chairman of ZO Motors Japan, has over 20 years of experience in global business operations and sales. Prior to joining ZO Motors, he served as Vice President of Resorttrust Inc., Japan's largest membership-based hotel and medical group, for Greater China. He also co-founded the Tokyo International Business Club with many well-known Japanese entrepreneurs and politicians. The club aims to serve as a bridge for cooperation between leading companies from Japan and other countries. For over 20 years, the club has provided services to over 1,500 international companies and has gained a wide range of contacts and recognition in the Japanese business and political circles.
“Since its inception, ZO Motors has established a complete global supply chain system and explored a complete set of production and manufacturing solutions based on its forward-looking vision, innovative technology, and experienced management team,” said Joost de Vries, CEO of ZO Motors. “We hope to make a greater contribution to the global commercial vehicle industry's zero-emissions and transportation industry's profitability improvement through our in-depth strategic cooperation with Weichai New Energy Commercial Vehicles. We will continue to create value for commercial vehicle owners and users.”
Making Green Affordable
As a technology-driven new energy commercial vehicle company, ZO Motors also unveiled its new logo and global brand strategy at the launch event.
CEO Joost de Vries said that ZO Motors has already embarked on a global expansion, with strategic deployments in the United States, Japan, China, Hong Kong, and Southeast Asia, and the establishment of corresponding regional headquarters.
ZO Motors' vision is to promote the electrification of commercial vehicles across the board, accelerate the replacement of green energy with traditional energy, assist customers in more efficient development through advanced green technologies, and work to protect the Earth's ecology. The company will focus on its smart new energy commercial vehicles, and combine with intelligent connectivity and autonomous driving technologies, to provide a more secure, efficient, and cost-effective full-ecosystem green intelligent logistics service chain for a variety of commercial vehicle customers, including logistics and transportation companies, e-commerce companies, and government public departments.
"This vision is not just a slogan!" said Joost. "Commercial vehicles emit the majority of tailpipe emissions, and their electrification is key to reducing tailpipe emissions pollution. ZO Motors' commitment to the development of green new energy commercial vehicles does not mean that we advocate for more expensive green. Relying on the sound global new energy industry supply chain and mature technologies, and leveraging Weichai New Energy Commercial Vehicle's global layout and international team, ZO Motors will provide commercial vehicle users with more economical green solutions than fuel vehicles, and create a more efficient, convenient, and advanced commercial vehicle operating ecosystem, making green affordable and truly driving the sustainable development of the Earth's environment."
Reference:http://www.6300.net/info/detail_238948.html
