Jiuzi Holdings shares surge 42.03% after-hours on $30M investment to expand Southeast Asia EV charging infrastructure.

Jiuzi Holdings surged 42.03% in after-hours trading following a $30M investment from Xinhui Solar and a $90M Memorandum of Understanding with Morgan International. These partnerships aim to expand Jiuzi’s EV charging infrastructure across Southeast Asia, positioning the company as a key player in the region’s green energy market. The funding and strategic alliances signal strong institutional confidence in Jiuzi’s growth trajectory, aligning with the stock’s sharp post-market increase. The developments underscore the firm’s focus on leveraging capital and partnerships to accelerate regional expansion, despite existing challenges in operational metrics.