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LEV - Light Electric Vehicle

On 20 June 2016, Miyoshi entered into a joint venture agreement in relation to the proposed investment in Core Power (Fujian) New Energy Automobile Co., Ltd.

Core Power (Fujian) New Energy Automobile Co., Ltd is a subsidiary of the Core Power Group, located in Puling Automobile Industrial Park, Yongan City, Sanming City, Fujian Province. It occupies a land area of 330,000m2, including four automobile manufacture processes - stamping, welding, coating/spray-painting and final assembly. With technical support from the "New Energy Vehicle Joint Research Center" with Tsinghua University Suzhou Automobile Research Institute, the Company uses innovation to create the safest, fashionable and environmentally friendly cars to make Core Power new energy vehicles in various parts of the world.

The main products of the Company are the light electric vehicles and is in the process of developing electric vehicle, engineering truck, tour bus, etc.

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