Jiuzi rises on deal to sell Skywell Automobile's Evs
29/03/2022 14:17
** Shares of China-based new energy vehicles retailer Jiuzi
Holdings JZXN.O rise 4% to $1.31 premarket
** JZXN enters into a one-year agreement with Chinese EV
maker Jiangsu Skywell Automobile Co to sell Skywell's Skyworth
EV6 SUV series during 2022 to 2023 urn:newsml:reuters.com:*:nPn7QY42pa
** The agreement will also give Jiuzi non-exclusive rights
to use Skywell's "Skyworth" trademark
** Up to last close, stock down 14.3% this year
(Reporting by Chavi Mehta in Bengaluru)
((Chavi.Mehta@thomsonreuters.com;))