Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Thursday, 15 November 2018, 12:40 HKT/SGT
Share:
    

Source: FDG Electric Vehicles Ltd
FDG's U.S. JV Chanje received Purchase Order of US$100,000,000 for Electric Vehicles from Ryder

HONG KONG, Nov 15, 2018 - (ACN Newswire) - FDG Electric Vehicles Limited ("FDG", stock code: 00729.HK) is pleased to announce that its U.S. JV Chanje Energy, Inc. (Chanje) received a purchase order for electric vehicles from Ryder Vehicle Purchasing, LLC ("Ryder") in the United States of America, which will be leased to Federal Express Corporation. The total contract sum together with the subsidy will generate an income of not less than US$100,000,000 to the Group. Pursuant to the Purchase Order, Chanje will deliver a minimum of 75% of the electric vehicles prior to 20 October 2019 and will deliver the remaining 25% of the electric vehicles prior to 20 June 2020.

About Ryder

Ryder is a FORTUNE 500 commercial fleet management, dedicated transportation, and supply chain solutions company. Ryder's stock (NYSE: R) is a component of the Dow Jones Transportation Average and the S&P MidCap 400 index. Ryder has been named among FORTUNE's World's Most Admired Companies, and has been recognized for its industry-leading practices in third-party logistics, environmentally-friendly fleet and supply chain solutions, and world-class safety and security programs. The Company is a proud member of the American Red Cross Disaster Responder Program, supporting national and local disaster preparedness and response efforts. For more information, visit www.ryder.com, and follow us on our Online Newsroom and social media pages: Facebook, LinkedIn, Twitter, and YouTube.

About Chanje

Chanje is a California-based, privately held electric vehicle and energy solutions company that specializes in the last mile industry. Chanje is led by a diverse group of automotive industry experts and clean energy entrepreneurs. The Company's vision is to drive the evolution of sustainable solutions that improve the last mile. Chanje introduced its first vehicle in 2017 and is the first company in North America able to deliver large scale fleets of commercial electric trucks immediately. Chanje will subsequently introduce turnkey energy infrastructure solutions and a full range of EVs including trucks, delivery vans, and shuttle buses in a variety of lengths and capacities. For more information, please visit: www.chanje.com.

About FDG Electric Vehicles Limited

FDG Electric Vehicles Limited ("FDG", stock code: 0729.HK) is a vertically-integrated pure electric vehicle manufacturer. FDG aims to become a globally recognised producer of more economical, greener and more energy-efficient pure electric vehicles. The Group's core businesses include ground-up research, design and development, and manufacturing and sales of pure electric vehicles; manufacturing and sales of lithium-ion batteries and cathode materials for lithium-ion batteries. FDG Kinetic Limited ("FKL", stock code: 0378.HK) is an indirect non-wholly-owned subsidiary.

For further information about FDG Electric Vehicles, please visit FDG's website at http://www.fdgev.com.



Nov 15, 2018 12:40 HKT/SGT
Topic: Press release summary
Sectors: Daily Finance, Automotive, Daily News, Alt. Energy
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2020 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



FDG Electric Vehicles Ltd
Apr 22, 2020 06:00 HKT/SGT
2000 km on a Single Charge: Brighsun's Li-S Batteries to Enter Industrial Trials
June 8, 2018 11:25 HKT/SGT
Ryder Expands Leadership in Commercial Electric Vehicles, Places Reservation for Additional 500 Chanje Electric Vans
Apr 11, 2018 17:26 HKT/SGT
FDG Received an Additional Order of 4,500 units of Electric Vehicles; Harvesting from the Well-Planned "Replacement Strategy"
Apr 11, 2018 11:55 HKT/SGT
Another Favorable Piece of News on FDG's Sales; FDG Received an Order of 6,000 units of Electric Vehicles
Mar 1, 2018 20:03 HKT/SGT
FDG's Guizhou Production Base Delivered The First Batch of "Made in Guizhou" Electric Vehicles
Oct 2, 2017 21:27 HKT/SGT
Sturdy Demand in Electric Vehicles; FDG Seizes the Opportunity to Expand Upstream to Build a New Cathode Materials Production Facility
Sept 12, 2017 19:19 HKT/SGT
FDG & Chanje Ship the First Batch of Electric Vehicles to the United States
Aug 14, 2017 22:23 HKT/SGT
Chanje Partners with Ryder to Establish Exclusive Sales Channel and Service Network
Aug 11, 2017 12:45 HKT/SGT
The Debut of Chanje - the US JV of FDG
Feb 15, 2017 19:49 HKT/SGT
FDG Electric Vehicles Limited Appoints Mr. Tong Zhiyuan as the Chief Operating Officer and Executive Director
More news >>
 News Alerts
Copyright © 2020 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6859 8575

Connect With us: