Cornerstone Technology (08391.HK) subsidiary Spark EV and Mile Green have reached a strategic cooperation agreement to jointly develop the electric motorcycle market in Thailand.

Wisdom Financial APP learned that on September 10, Foundation Technology (08391.HK) announced that its affiliated company Spark EV Company Limited has reached a strategic cooperation agreement with Mile Green Co., Ltd, a comprehensive new energy solution provider and innovative electric vehicle brand, to jointly provide comprehensive charging solutions for the electric motorcycle market in Thailand. This cooperation not only marks an important progress in the business expansion of Foundation Technology and Spark EV in Thailand, but also a key milestone in strategically extending the charging ecosystem to the electric motorcycle field, achieving dual expansion of horizontal business coverage and vertical integration of the industry chain.