Baiyu Holdings Announced That The Company, Through Its Subsidiary, Signed A Letter Of Intent With Adler International To Cooperate In The Construction And Operation Of Charging And Swapping Stations In Cairo, Egypt
Portfolio Pulse from Benzinga Newsdesk
Baiyu Holdings, through its subsidiary, has signed a letter of intent with Adler International to collaborate on building and operating charging and swapping stations in Cairo, Egypt.
September 04, 2024 | 11:06 am
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Baiyu Holdings has entered into a partnership with Adler International to develop EV charging and swapping stations in Cairo, Egypt, which could enhance its market presence and growth in the EV infrastructure sector.
The partnership with Adler International to build and operate charging and swapping stations in Cairo positions Baiyu Holdings to expand its footprint in the growing EV infrastructure market. This strategic move could lead to increased revenue and market share, positively impacting its stock price.
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