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Latest News In Electric Vehicles - Powerful Alliance Boosts Charging Infrastructure Across Southeast Asia

Simply Wall St·12/12/2025 10:09:41
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Tellus Power and Cornerstone Technologies Holding Limited have announced a strategic cooperation agreement aimed at expanding electric vehicle charging infrastructure in Hong Kong, Thailand, and Southeast Asia. The partnership will see Tellus Power providing the necessary hardware equipment, diagnostic platforms, and technical support, while Cornerstone will manage the operating platform, client management, and ensure local compliance. The collaboration goes beyond just hardware, as the companies will explore applications of vehicle-to-grid technology and real-world asset tokenization, with the goal of advancing energy technology adoption in the region. This agreement exemplifies a significant step in boosting EV infrastructure growth and integrating digital innovations within the energy sector.

In other trading, Suzhou Dongshan Precision Manufacturing (SZSE:002384) was a notable mover up 7.7% and finishing the session at CN¥84.86, hovering around its 52-week high. In the meantime, Delta Electronics (Thailand) (SET:DELTA) lagged, down 6.3% to end trading at THB185.00.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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