Jiuzi Holdings secures $30M investment from Xinhui Solar for EV charging in Asia

Jiuzi Holdings (JZXN) has officially signed a cooperation agreement with Xinhui Solar Technology, securing a $30M investment from the group. Building on this partnership, the two parties will pursue deep collaboration focused on the development of EV charging infrastructure and the deployment of new energy vehicle service networks across Southeast Asia. Xinhui Solar will support Jiuzi Holdings through a combination of equity investment and co-development initiatives. The partnership will accelerate the rollout of charging networks, integrated charging stations, and supporting new energy vehicle service systems in key Southeast Asian countries. Over the coming years, the parties plan to adopt a phased investment and rolling construction approach to progressively establish a charging and service network covering major cities and key transportation corridors. This cooperation not only provides funding support, but also leverages Xinhui Solar’s local resources, channels, and operating experience in Southeast Asia.