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21 Apr 2021 / 21:50 H.
PETALING JAYA: Techna-X Bhd via its subsidiary HK Aerospace Beidou New Energy Industry Technology Co Ltd, is venturing into the electric vehicle (EV) market through a joint venture with industry experts in electric mobility technologies.
It today signed a joint venture agreement with technology firm in electrical hypercars domain Rimac Automobili’s former co-founders Monika Mikac and Igor Pongrac as well as materials specialist Nordin Catic and electronic systems design expert Benjamin Bozic.
The joint venture company has been registered as E-Rex d.o.o and the group will own 51% equity while the cofounders will hold the remaining 49% stake.