KUALA LUMPUR, Mar 23, 2022 - (ACN Newswire via SEAPRWire.com) - Ni Hsin EV Tech Sdn Bhd ("NH EV TECH"), a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (formerly known as Ni Hsin Resources Berhad) ("Ni Hsin" or the "Group"), today entered into an Original Equipment Manufacturing Agreement ("OEM Agreement") with Dongguan Tailing Motor Vehicle Co., Ltd. ("TAILG") for the manufacture of the eBixon EV Bike.Khoo Chee Kong, Managing Director of NH EV TechUnder the OEM Agreement, TAILG will manufacture the eBixon EV Bikes and deliver as semi-knocked down ("SKD") components that includes spare parts and software while NH EV TECH will assemble and test as well as run quality control and commission the electric two wheelers in Malaysia.NH EV TECH and TAILG had, on 14 October 2021, entered into a product development agreement to develop the electric two wheelers based on TAILG's existing Model D-80 for commercial purposes. Following the successful development of the prototype, the parties are now proceeding with the commercial manufacture of the two wheelers, which is certified by the Economic Commission for Europe (ECE), Malaysian Standard 2413 (MS2413) and Vehicle Type ...