{"id":14030,"date":"2021-04-13T09:30:00","date_gmt":"2021-04-13T09:30:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/04\/13\/china-dynamics-enters-into-mou-to-create-exclusive-distribution-network-in-the-americas\/"},"modified":"2021-04-13T09:30:00","modified_gmt":"2021-04-13T09:30:00","slug":"china-dynamics-enters-into-mou-to-create-exclusive-distribution-network-in-the-americas","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/04\/13\/china-dynamics-enters-into-mou-to-create-exclusive-distribution-network-in-the-americas\/","title":{"rendered":"China Dynamics Enters into MOU to Create Exclusive Distribution Network in the Americas"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"\">\n                            <!--<a class=\"format-txt\" href=\"{baseURL}\/View\/{release.id}?_download=1\">View this article in .txt format<\/a>--><\/p>\n<p class=\"subheadline\">\n                               Promotes Electromobility Towards the Goal of a Greener Environment                            <\/p>\n<p>HONG KONG SAR &#8211; <a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a> &#8211; 13 April 2021 &#8211; <b>China&#13;<br \/>\nDynamics (Holdings) Limited<\/b> (the &#8220;Company&#8221;; Stock Code: 476,&#13;<br \/>\ntogether with its subsidiaries, collectively &#8220;China Dynamics&#8221; or the&#13;<br \/>\n&#8220;Group&#8221;), a provider of new energy vehicles and technology integrated&#13;<br \/>\nsolutions, and Citizens Resources LLC (&#8220;Citizens&#8221;) have signed a Memorandum of&#13;<br \/>\nUnderstanding (&#8220;MOU&#8221;) for strategic business cooperation in Canada, the USA,&#13;<br \/>\nBrazil, the Caribbean and Latin America (hereinafter the &#8220;Exclusive&#13;<br \/>\nTerritory&#8221;) to set the basis for an exclusive master distributorship&#13;<br \/>\nand licensing agreement. <\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Under the MOU, both&#13;<br \/>\nparties will enter into a series of agreements allowing China Dynamics to create&#13;<br \/>\na sales pipeline and a distribution network for electromobility products in the&#13;<br \/>\nExclusive Territory on an exclusive basis and to support the distribution&#13;<br \/>\nnetwork with training, marketing, after sales and charging infrastructure.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>Meanwhile, Citizens is set to use China&#13;<br \/>\nDynamics&#8217; technology, intellectual property, know-how, technical&#13;<br \/>\nsupport and supply chain to assemble or manufacture electric vehicles in Mexico&#13;<br \/>\nfor further export, distribution, sale and marketing in the Exclusive Territory&#13;<br \/>\nunder a licensing agreement. Citizens will enter into a purchase and sale agreement&#13;<br \/>\nto buy vehicles or components from China Dynamics on a cost-plus basis, so that&#13;<br \/>\nChina Dynamics will become the provider of powertrains, battery packs, e-kits,&#13;<br \/>\nand complete rolling platforms.<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p>\u00a0<\/p>\n<p>&#13;<br \/>\n&#13; <\/p>\n<p><b>Mr. Miguel Valldecabres Polop, CEO of China&#13;<br \/>\nDynamics<\/b>, said, &#8220;We are&#13;<br \/>\npleased to announce the signing of the MOU with Citizens, an energy investment&#13;<br \/>\nand smart electromobility company in the US. Citizens has nearly 40 years of&#13;<br \/>\nexperience in developing businesses and partnerships internationally, with a&#13;<br \/>\nparticular focus on North America and the Caribbean. This MOU will help expand&#13;<br \/>\nthe Group&#8217;s markets into the Americas and will add to the Group&#8217;s growing&#13;<br \/>\nnumber of partners working on electromobility products with the ultimate goal&#13;<br \/>\nof a greener environment through zero-transmission transport.<\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13; <\/p>\n<p><b>Mr. Sergio de La Vega<\/b>, <b>Principal at Citizens,<\/b>&#13;<br \/>\ncommented, \u00a8We have been working on energy transition and efficiency for a few&#13;<br \/>\nyears now. Electromobility represents everything we believe in: smart cities,&#13;<br \/>\nbig data, energy efficiency, lifestyle, respect for our planet and&#13;<br \/>\ntechnological evolution. The vehicles of the future will trend towards&#13;<br \/>\nautonomy, charging and storing energy in better ways to better serve society.&#13;<br \/>\nWe have no doubt this partnership will bring growth and value for China&#13;<br \/>\nDynamics and for Citizens.<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-04-13\/73172\/china-dynamics-enters-into-mou-to-create-exclusive-distribution-network-in-the-americas\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Promotes Electromobility Towards the Goal of a Greener Environment HONG KONG SAR &#8211; Media OutReach &#8211; 13 April 2021 &#8211; China&#13; Dynamics (Holdings) Limited (the &#8220;Company&#8221;; Stock Code: 476,&#13; together with its subsidiaries, collectively &#8220;China Dynamics&#8221; or the&#13; &#8220;Group&#8221;), a provider of new energy vehicles and technology integrated&#13; solutions, and Citizens Resources LLC (&#8220;Citizens&#8221;) have &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/14030"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=14030"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/14030\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=14030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=14030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=14030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}