China Dynamics Forms JV in Dubai to Develop Electric Vehicle Business – Marks Another Milestone for Global Expansion

China Dynamics Forms JV in Dubai to Develop Electric Vehicle Business – Marks Another Milestone for Global Expansion

China Dynamics Forms JV in Dubai to Develop Electric Vehicle Business Marks Another Milestone for Global Expansion (Hong Kong, 22 March, 2021) – China Dynamics (Holdings) Limited (the “Company”; Stock Code: 476, together with its subsidiaries, collectively “China Dynamics” or the “Group”), a provider of new energy vehicles and technology integrated solutions, and W Motors Automotive Group Holding Limited (“W Motors”) have signed a Memorandum of Understanding (“MOU”) for strategic business cooperation, with the intention of forming a 30:70 joint venture (“JV”) in Dubai for the manufacture, assembly, sales and distribution of electric vehicles across the world. Under the MOU, the JV under the name of LOKI (Low Emission Kinetic […]