(SeaPRwire) – HANGZHOU, China, March 23, 2026 — Jiuzi Holdings, Inc. (Nasdaq: JZXN, “the Company” or “Jiuzi”), announced today that it has recently concluded a series of significant business discussions in Vietnam, securing cooperation agreements with several local clients. The Company anticipates delivering a first shipment of more than 100 electric heavy-duty trucks to Vietnam. This achievement signifies that Jiuzi’s strategic foothold in Southeast Asia’s new energy commercial vehicle sector has moved into a concrete execution stage.
Vietnam Market: A Strategic Hub for Southeast Asian Electric Commercial Vehicles
Vietnam, among Southeast Asia’s most rapidly expanding economies with robust infrastructure investment, has steadily enhanced policy backing for green transport initiatives. Fueled by manufacturing shifts and logistics needs, regional demand for new energy commercial vehicles is surging. Jiuzi has astutely captured this emerging opportunity, establishing Vietnam as a pivotal base for its Southeast Asian electric commercial vehicle expansion.
The Company noted that discussions involved logistics firms, industrial park managers, and urban delivery service providers throughout Vietnam’s primary economic zones. Following several technical consultations and commercial talks, Jiuzi secured agreements with multiple clients for an initial order of over 100 electric heavy-duty trucks.
Initial Delivery Models: Versatile, Long-Range, Smart Electric Heavy-Duty Truck Solutions
The electric heavy-duty trucks slated for delivery are tailored models engineered by Jiuzi specifically for Southeast Asian market requirements, featuring comprehensive enhancements to technical specifications and operational flexibility:
- Power and Range: Fitted with high-energy-density battery packs, the total driving range satisfies daily logistics operation demands, while fast-charging capability significantly boosts vehicle utilization;
- Load Capacity: The chassis is strengthened for heavy-load applications, delivering superior payload capacity while maintaining a lightweight architecture, making it ideal for port operations, industrial park shuttles, city deliveries, and construction projects;
- Smart Features: An onboard fleet management platform enables remote tracking, driver performance analytics, power usage optimization, and service alerts, assisting operators in lowering overall ownership expenses;
- Climate Adaptation: Specifically calibrated for battery temperature control, HVAC systems, and cabin sealing to withstand Vietnam’s tropical weather, guaranteeing reliable performance in hot and humid environments.
Future Outlook: Strengthening Vietnam Operations, Building Regional Partnerships
Building on the successful fulfillment of these first orders, Jiuzi intends to expand its footprint in Vietnam further. The Company aims to set up sales and service centers in major Vietnamese cities, collaborating with local allies to drive electric heavy-truck adoption. Concurrently, Jiuzi is pursuing talks with prospective clients in neighboring Southeast Asian nations such as Indonesia, Thailand, and Malaysia to identify cross-border opportunities and replicable business models.
The Company affirmed that with new energy commercial vehicles gaining global traction, Jiuzi will capitalize on its strengths in financial deployment, tech integration, and strategic alignment to fast-track its share of Southeast Asia’s green mobility shift, generating enduring shareholder value.
Forward-Looking Statements
This announcement contains forward-looking statements concerning, among other things, the Company’s planned offerings. Such statements entail inherent risks and uncertainties, both known and unknown, and reflect current forecasts about future developments and financial patterns that could impact the Company’s fiscal health, operational performance, corporate strategy, and funding requirements. These statements can often be identified by terms like “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may,” or comparable language. The Company is not required to publicly update or amend any forward-looking statements to account for new events or shifts in expectations, unless legally mandated. While the Company deems these forward-looking expectations to be reasonable, it cannot guarantee their accuracy and advises investors that actual outcomes may vary significantly from projected results, urging them to examine additional risk factors in the Company’s SEC registration documents and other disclosures.
For investor and media questions, please contact:
Iris@jzxn.com
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