VALA and SAIC Maxus RV Sign Development Agreement for VALA HOUSE Model
VALA (02051.HK) announced that its wholly-owned subsidiary Hangzhou Wala Network Technology Co., Ltd. has signed a development agreement with SAIC Max...
VALA (02051.HK) announced that its wholly-owned subsidiary Hangzhou Wala Network Technology Co., Ltd. has signed a development agreement with SAIC Maxus RV Technology Co., Ltd. to jointly develop the VALA HOUSE model based on the Dana platform. Two variants will be produced: a pure electric version and an extended-range version. Hangzhou Wala will handle customization design and specialized component development, while SAIC Maxus RV will manage technical verification, production optimization, MIIT certification, and manufacturing. This marks VALA's entry into the extended-range segment, aiming to address range anxiety and expand market reach.