Business
JZXN to Deliver 100 Electric Heavy-Duty Trucks to Vietnam Market
HANGZHOU, China, March 23, 2026 (GLOBE NEWSWIRE) -- Jiuzi Holdings, Inc. (Nasdaq: JZXN, the “Company” or “Jiuzi”), today announced that the Company has
About this update from Jiuzi Holdings, Inc.
[{"type":"text","content":"HANGZHOU, China, March 23, 2026 (GLOBE NEWSWIRE) -- Jiuzi Holdings, Inc. (Nasdaq: JZXN, the “Company” or “Jiuzi”), today announced that the Company has recently completed a series of important business negotiations in Vietnam and has reached cooperation intentions with multiple local customers. The Company expects to deliver an initial batch of over 100 electric heavy-duty trucks to the Vietnam market. This milestone marks that Jiuzi’s strategic positioning in the Southeast Asian new energy commercial vehicle market has entered a substantive implementation phase. Vietnam Market: A Strategic Hub for Southeast Asian Electric Commercial Vehicles As one of the fastest-growing economies in Southeast Asia with the most active infrastructure investment, Vietnam has been continuously increasing policy support for green transportation transformation in recent years. Driven by both manufacturing relocation and logistics demand, the local market demand for new energy commercial vehicles is rapidly rising. Jiuzi has keenly seized this structural opportunity, positioning Vietnam as a strategic hub for the Company’s expansion into the Southeast Asian electric commercial vehicle business. The Company stated that the negotiations covered logistics transportation enterprises, industrial park operators, and urban logistics service providers across multiple key economic regions in Vietnam. After multiple rounds of technical exchanges and business negotiations, Jiuzi has reached cooperation intentions with several customers, with the initial batch of electric heavy-duty truck orders totaling more than 100 units. Initial Delivery Models: Highly Adaptable, Long-Range, Intelligent Electric Heavy Truck Solutions The electric heavy-duty trucks to be delivered are customized products developed by Jiuzi specifically for the Southeast Asian market demand, with systematic optimizations in technical parameters and application scenario adaptability: Power and Range: Equipped with high-energy-density battery systems, the comprehensive operating range meets the daily operational requirements of regional logistics transportation, with support for fast charging technology to effectively enhance vehicle operational efficiency; Load Capacity: The vehicle structure is reinforced for heavy-duty transport scenarios, offering excellent load performance while ensuring l...