# American Wealth Mining and New Energy Asia Pacific form JV for electric construction vehicles

American Wealth Mining Corporation has signed a letter of intent to form a joint venture with New Energy Asia Pacific Company Limited to distribute electric construction vehicles globally, with exclusive rights in North America, UAE, Singapore, Australia, Malaysia, South Korea, and Indonesia.

- Type: Partnership
- Announced: 2022-12-14
- Status: announced
- Products: electric construction vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [American Wealth Mining Corp.](https://endata.com/companies/32146.md)
- [New Energy Asia Pacific Company Limited](https://endata.com/companies/32147.md) (partner)

## Sources

- [stocktitan.net](https://www.stocktitan.net/news/HIPH/american-wealth-mining-corp-signs-loi-to-enter-into-jv-for-worldwide-mnd3ux1u5xbl.html), 2022-12-14: "the potential for AWM to lead in the construction EV market and align with sustainable investment goals."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.