Brief: Cornerstone Technologies Signed MOU To Deploy Potentially Over 2,000 EV Charging Stations In Thailand

Cornerstone Technologies Holdings

19/03/2024 11:29

March 19 (Reuters) - Cornerstone Technologies Holdings
Ltd  8391.HK :
    * CORNERSTONE SIGNED MOU TO DEPLOY POTENTIALLY OVER 2,000 EV
CHARGING STATIONS IN THAILAND
    * MOU TO FORM JOINT VENTURE COMPANY CALLED SPARK EV
    * FIRST PHASE OF INSTALLATION OF EV CHARGING STATIONS WILL
BEGIN
IN FIRST HALF OF 2024
    * INSTALLATION OF EV CHARGING STATIONS EXPECTED TO BE
COMPLETED BY
MID-2025
    * UNDER MOU, EV CHARGING STATIONS WILL OFFER ULTRA-FAST DC
CHARGING UP TO 480KW
    * SPARK SECURED LONG-TERM AGREEMENT WITH BANGCHAK CORP TO
INSTALL
EV CHARGING STATIONS AT BANGCHAK'S 2,200 PETROL STATIONS

Further company coverage:  8391.HK 

 ((Reuters.Briefs@thomsonreuters.com;))