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Aionex Opens Headquarters in Thailand Ready to Start Manufacturing and Distributing Electric Motorcycles and Battery Swapping Services Mid-Year

Dr. Buranin Rattanasombat (2nd from Left), Chief New Business and Infrastructure Officer of PTT Public Company Limited (PTT), together with Mr. Allen Ko (2nd from Right), Chairman of KYMCO Group, served as co-chairs at the press conference announcing the opening of the headquarters of Aionex Company Limited (Aionex). Together with Mr. Cherdchai Boonchoochuay (Left), Chairman of Aionex and Senior Executive Vice President, Innovation and New Ventures of PTT Public Company Limited, Mr. Ekachai Yimsakul (Right), Director of Aionex and Managing Director of Arun Plus Company Limited (Arun Plus) and Mr. Gary Ting (Center), Chief Executive Officer of Aionex. This event took place at Palangthai Room 2, PTT Headquarter in Bangkok. Aionex is a company established by Arun Plus, Kwang Yang Motor Company Limited (KYMCO) and KYMCO CAPITAL PRIVATE EQUITY MANAGEMENT Company Limited or KC (a subsidiary under KYMCO) to manufacture and distribute KYMCO electric motorcycles and provide battery swapping stations for electric motorcycles under the intelligent "Ionex" operating system platform in Thailand within this year, aiming to strengthen the electric motorcycle ecosystem and become a leading exporter of electric motorcycle technology to the ASEAN region.

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