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Foton Motor and EVE Energy Announce Joint Venture with Equal Shareholding to Boost New Energy Heavy Truck Business
2025-05-27 /
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Author：小编
On May 27, Foton Motor unveiled its strategy to form a joint venture with EVE Energy, investing a combined total of 500 million yuan. This collaboration aims to expand the new energy heavy truck market by offering customers a range of battery leasing options. The primary objectives of this initiative are to lower the cost of power batteries and enhance the profit margins for new energy heavy trucks. Both Foton Motor and EVE Energy will contribute 250 million yuan each, resulting in an equal 50% shareholding for both parties in the joint venture.
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