KYMCO/KC and PTT Establish Joint Venture Brand “Aionex” to Enter the Southeast Asian Market
On August 16, 2023, the Stock Exchange of Thailand issued an announcement: Notification of the joint venture and the establishment of PTT’s subsidiary to operate the business of two-wheeler electric vehicle production for sale, including battery swapping service.
According to the complete news article in the attached announcement,
ArunPlus(PTT’s 100% owned subsidiary)has formed a joint venture, Aionex, with KYCMO and KYMCO’s private equity Treasury Capital (KC) of Taiwan China. ArunPlus,KYMCO and KC hold 51%, 29% and 20% of the shares, respectively.
Related Posts
Collection of Two-wheeler Exhibition Reports of 2023
Starting at RMB 46,800, the SHINERAY Stormbreaker 1200 Officially Launches in China
China’s Motorcycle Industry in August: Improved Exports , Recovering Domestic M...
The 134th Canton Fair (Autumn) Two-wheelers will be Located in Hall 14.1, 15.1, and 1...