Jiuzi Holdings shares surge 60.60% intraday after $30M investment and $90M partnership boost Southeast Asia EV infrastructure.

Jiuzi Holdings surged 60.60% intraday after announcing a $30M investment from Xinhui Solar to expand its new energy vehicle (NEV) charging infrastructure across Southeast Asia. The company also disclosed a strategic $90M agreement with Morgan International, further reinforcing its growth trajectory in the region’s green energy sector. These partnerships, coupled with a broader $40M commitment from crypto-focused investors, signaled strong institutional confidence in Jiuzi’s expansion plans, driving immediate market enthusiasm. The intraday rally reflects investor optimism over the firm’s positioning as a key player in Asia’s NEV infrastructure development, despite underlying challenges in its current financial metrics.