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EA seeks EV auto parts deal

EA SPORTS SET electric vehicle Renewable Energy

An electric bus developed by EA. The company received purchase orders for 3,000 electric buses this year.

SET-listed Energy Absolute (EA), a renewable energy and electric vehicle (EV) developer and operator, plans to partner with auto parts manufacturers to develop its EV business as the industry continues to grow.

The company is in talks with motor and transmission makers on co-investment to develop EV components, said Vasu Klomkliang, EA's executive vice-president for strategy development and investment planning.

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