Zeus Electric Chassis, Inc announced details of a memorandum of understanding with AUSEV, a subsidiary of Boss Capital Holdings dedicated to the manufacture and distribution of electric vehicles, during a media event held at this year’s ACT Expo.
The MOU will provide opportunities for the companies to collaborate in the distribution, service, and marketing of the Zeus Electric Chassis all-electric cab chassis in Australia and the broader Oceania market. Zeus will be exporting a new, right-hand-drive version of its Z-19 Power Platform to Australia as part of the MOU.
A purchase commitment for 100 Zeus vehicles – a combination of fully assembled cab-chassis and partially assembled units – will be central to the agreement, the company says. The MOU provides for final assembly in Australia.
For Zeus, the company says the agreement will allow it to leverage AUSEV’s presence and expertise in Australia and throughout the Oceania region at large to generate revenue and growth outside of North America.
As part of the impending agreement, Zeus will provide business development and marketing-related content, target market analysis, the total cost of ownership and return on investment analyses, ongoing engineering support, and new options for chassis design, the company says.