Renewable Energy Semiconductor Manufacturer, Newrizon, on Friday, has signed a dealership agreement and intent purchase order with motor vehicle manufacturer, Al Yemni Group in Riyadh. The agreement appoints Al Yemni Group as Newrizon’s exclusive dealer for its electric truck lineup in the GCC region.
This partnership comes as GCC countries like Saudi Arabia, the UAE, and Bahrain push forward with sustainability initiatives and aim for net-zero emissions within the next decade.
Newrizon’s electric truck models, featuring advanced battery swap technology and lower total cost of ownership, offer a compelling solution for reducing carbon footprints.
“Newrizon’s electric trucks represent the future of sustainable transportation, and we are proud to be the partner bringing this technology to our customers,” said Mr.Said, Al Yemni Group Chairman.
“We are thrilled to be partnering with Al Yemni Group, the undisputed leader in light commercial vehicle sales in Saudi Arabia,” said Charles Huang, Chairman of Newrizon.
“Their deep customer relationships and market expertise make them the ideal partner to help us accelerate the electrification of the GCC region.” He added. The partnership signing ceremony was attended by chairmen from both companies, highlighting their commitment to accelerating the adoption of zero-emission commercial vehicles in the region
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