Dongfang Myanmar announced that it is preparing to import and sell electric cars in the market.

Dongfang Myanmar announced that it is preparing to import and sell electric cars with innovative design, high quality and advanced technology in the market soon.

Recently, there were reports that Hozon Auto, a Chinese electric car company, will enter the Myanmar car market.

On October 10, Hozon Auto signed a strategic cooperation agreement with Grand Sirius Limited to enter the Myanmar car market, according to Gasgoo, a China-based media coving automobile news.

According to the agreement, Hozon Auto will introduce its brands Neta U and Neta V to the domestic vehicle market in accordance with the internationalization of electric car services, it said.

The report said quoting Hozon Auto that Myanmar government has released policies to encourage the development of the electric vehicle market in the coming years.