Brief: Fdg Electric Vehicles Says Unit Gets Purchase Order For Electric Vehicles From Ryder Vehicle Purchasing In U.S

FDG Electric Vehicles

14/11/2018 14:42

Nov 14 (Reuters) - FDG Electric Vehicles Ltd  0729.HK :
    * UNIT RECEIVED A PURCHASE ORDER FOR ELECTRIC VEHICLES FROM
RYDER
VEHICLE PURCHASING, LLC IN UNITED STATES
    * TOTAL CONTRACT SUM TOGETHER WITH SUBSIDY WILL GENERATE AN
INCOME
OF NOT LESS THAN US$100 MLN TO GROUP
    * UNIT TO DELIVER MINIMUM OF 75% OF ELECTRIC VEHICLES PRIOR
TO 20
OCT 2019, TO DELIVER REMAINING 25% OF EV PRIOR TO 20 JUNE 2020

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