Treasure Global unit Tadaa Technologies signs MOU with Anhui Fuyuan for drone, e-mobility expansion

Reuters04-01
Treasure Global unit Tadaa Technologies signs MOU with Anhui Fuyuan for drone, e-mobility expansion
  • Treasure Global unit Tadaa Technologies signed an MOU with Anhui Fuyuan Electromechanical to explore expansion into electric mobility and advanced technology markets.
  • Collaboration targets Malaysia-based hub for assembly, distribution, R&D, and component manufacturing to supply Europe, North America, and Asia-Pacific.
  • Partnership also evaluates military-grade drone capabilities, subject to regulatory approvals and definitive agreements.
  • Company cited commercial drone market forecast to grow to USD 54.64 billion by 2030 from USD 30.02 billion in 2024.


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