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Hyundai Glovis teams up with CP to introduce electric trucks on Thai logistics
Hyundai Glovis has partnered with the Charoen Pokphand (CP) Group to utilize electric trucks in transporting products to 7-Eleven stores operated by the latter across Thailand.
Hyundai Glovis had signed a memorandum of understanding for the undertaking with All Now, a logistics subsidiary of CP All, which is the distribution affiliate of CP Group.
According to Hyundai Glovis, it would be the first time an electric truck is introduced to a Thai logistics site.
Hyundai Glovis, a Seoul-based logistics company, is part of the Hyundai Kia Automotive Group. It provides ocean transportation logistics advice, cargo space, loading and unloading services, and packaging services.
CP Group is the No. 1 conglomerate in Thailand with diverse businesses, including food, distribution, communications, and media.
CP Group produces about 74 trillion won in annual sales from 21 countries and accounts for around 10 percent of Thailand’s gross domestic product.