Ni Hsin EV Tech a wholly owned subsidiary of Main Market-listed Ni Hsin Group Berhad signed a Business Collaboration Agreement with Delivery Hero Malaysia which operates Foodpanda on the possible use of EV bike for delivery.
The aim is to promote and encourage sustainable consumption among riders within foodpanda Group by adopting EBIXON EV motorcycles in place of the current Internal Combustion Engine (ICE) motorcycles. To incentivise and encourage riders EV TECH will be giving foodpanda Malaysia two complementary units of its EBIXON BOLD motorcycles, as well as discounts to delivery partners who want to do their part in lowering carbon emissions with an electric motorcycle. In exchange, foodpanda will be promoting NH EV TECH’s EV motorcycles to its tens of thousands of rider population.
Khoo Chee Kong Managing Director of NH EV TECH, said: “With the current Malaysian government policies and targets supporting the transition of the ICE two-wheelers to EV two-wheelers, including tax incentives, installation of charging infrastructure, we are positive this collaboration is hitting the right notes. One of the objectives of our business model is to support the B40 by offering entrepreneur programs with financing packages in collaboration with various
institutions such as the Cooperatives and Government Agencies.”
foodpanda Malaysia’s Chief Executive Officer, Sayantan Das said that the Company has been working at making food delivery more eco-friendly and sustainable.
“Our envisions a future where convenience and sustainability can go hand-in-hand, and we are excited to incentivise the riders in doing their part with this partnership with NH EV TECH. We hope that this collaboration will also contribute to the Government’s vision of having 1.5 million EVs on the road by 2040 and the move
away from ICE vehicles,” Sayantan added.
