Chinese EV maker Farizon appoints distributor for Singapore
Add BT as a preferred source
Derryn Wong
CHINESE electric and hybrid commercial vehicle manufacturer Farizon is increasing its presence in South-east Asia beyond Thailand, with the appointment of Singapore-based Hong Seh Motors (HSM) as its distributor for Singapore. HSM also has priority to be appointed distributor in Malaysia and Indonesia.(See *Amendment note)
An official signing ceremony will take place in Singapore on Friday (Oct 6).
A Farizon representative told The Business Times that establishing a presence in Singapore is important as it is a “relatively representative national market in Asia” with close economic and political ties to other Asean countries, which would help establish brand influence in the region.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
MAS convenes bank CEOs over AI cyberthreats; boards told to own risks, not leave to IT teams
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
LTA circular to potential EV charger owners reveals hundreds of e-mail addresses under carbon copy feature
