RIYADH, Saudi Arabia ,
May 24,
2024 /PRNewswire/ -- Recently in Riyadh, Newrizon, a startup dedicated
in electrifying and revolutionizing urban delivery vehicles,
signed dealership agreement and intent purchase order with Al
Yemni Group, authorizing it as Newrizon's exclusive dealer in
the GCC region for its electric truck lineup.
Al Yemni Group, is the largest and reputable
light-duty commercial vehicle dealer group in Saudi Arabia with annual sales exceeding
20,000 vehicles and extensive service network, is ready to expand
the reach and adoption of Newrizon's zero-emission electric trucks
throughout the GCC region.
"Newrizon's electric trucks
represent the future of sustainable transportation, and we are
proud to be the partner bringing this technology to our customers"
said Al Yemni Group Chairman Mr. Said.
"We are thrilled to be
partnering with Al Yemni Group, the undisputed leader in light
commercial vehicle sales in Saudi
Arabia," said Charles Huang,
Chairman of Newrizon. "Their deep customer relationships, market
expertise makes them the ideal partner to help us accelerate the
electrification of the GCC region."
This partnership is reached at a critical juncture as GCC region
countries such as Saudi Arabia,
UAE and Bahrain, etc., accelerate
their sustainability initiatives and targets to reach net-zero
emissions in the next decade. Newrizon EV truck models offer
compelling solution to reduce carbon footprint while enjoying
Newrizon's battery swap technology, intelligent, reliability, and
lower TCO (Total Cost of Ownership) benefits.
This partnership signing ceremony was attended by chairmen from
both companies, who underscored their commitment and shared vision
of accelerating the adoption of zero-emission commercial vehicles
in the region.
About Newrizon
Newrizon, a Cayman Islands
holding company headquartered in Shanghai, is a pioneering EV startup dedicated
in electrifying and revolutionizing urban delivery vehicles.
Founded in 2020 by Dr. Charles
Huang, former senior VP of NIO and a SAE fellow, Newrizon
develops advanced electric commercial vehicles and battery swap
solutions that deliver unparalleled performance, efficiency, lower
TCO and sustainability to users.
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SOURCE Newrizon