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Ziwo partners Tai Yu to install electric vehicle charging stations in Guangdong’s Huizhou City

Michelle Zhu Published on Wed, Mar 29, 2017 / 7:52 AM GMT+8

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SINGAPORE (March 29): Beijing E-Star Electric Technology, an associate company of Ziwo Holdings, has partnered Chinese property developer Tai Yu Reality to build 160 charging stations for electric vehicles in Tai Yu’s Huizhou City Centre in Huizhou city, Guangzhou, China.

In a release on Wednesday, Ziwo says the latest development marks the start of a “new phase of growth” for the group, which acquired a 45% stake in Estar Investments last month to create an additional income stream amid waning demand for its synthetic-rubber products in China.

Estar is the parent company of Beijing E-Star, which builds charging systems for electric vehicles.

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Ziwo partners Tai Yu to install electric vehicle charging stations in Guangdong’s Huizhou City