Ni Hsin's (KLSE:NIHSIN) subsidiary, Ni Hsin EV Tech, secured two purchase orders worth 2.8 million ringgit from Alam Flora for the supply of electric vehicles, according to a Tuesday Bursa Malaysia filing.
The EV assembly company will deliver 105 EV motorcycles for deployment.
The order also includes 56 tricycles, with full fleet delivery scheduled for Dec. 31.