Taiwan Taxi and AJ Greentech Holdings Ltd (OTCMKTS:AJGH) have signed an MOU under which the latter will obtain 1500 taxies. AJ Greentech is a prominent manufacturer, developer and distributor of green energy.
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AJ Greentech Holdings is known for research related activities; hence, this MOU will allow the company to explore a different field. The market experts claim that this deal will prove to be a positive step in company’s research and infrastructure environment. The company has significant expertise in the auto industry with massive contracts and financial deals. It is known for manufacturing taxi model parts and introduces new technologies in the industry. With the latest MOU between Taiwan Taxi and AJ Greentech Holdings, the latter will get a huge advantage in the Green Energy field.
Taiwan Taxi will deliver high volume of taxi models to AJ Greentech, which will help it produce high-end vehicles at a swift rate and fulfill the industry demand in an effective way. The company will be able to take the auto industry by introducing green energy in this field. No company has ever come with any concept like this, which means that AJ Greentech will have to put in extra efforts to create demand for such products in the market.
The management of the company is delighted to announce about this deal. According to Ms. Chu Li An, Chief Executive Officer, AJ Greentech Holdings Ltd (OTCMKTS:AJGH), this deal will prove to be a game-changing event for the industry. AJ Greentech wants to send a strong message out to the industry that it’s not an ordinary research company. The company has been trying very hard to expand its reach and expertise, and this MOU is one step towards achieving its long-term target. Li An expects that the MOU with Taiwan Taxi will bring positive results for the company, in the long run.