ZeroNox Partners with NIO 333 Racing, Eyes Public Listing
ZeroNox, a leading innovator in off-highway electric vehicle technology, has announced a significant partnership and a path to public listing. The company has joined forces with the successful NIO 333 Racing Formula E Team for the next three seasons and has agreed to merge with The Growth for Good Acquisition Corporation, setting the stage for a public listing later this year.
ZeroNox, specialising in sustainable, high-growth solutions, will now be part of the high-profile Formula E ecosystem. Alex Hui, Team Principal of NIO 333 Racing, praised ZeroNox's industry leadership and commitment to electrification. The team, fresh from winning the inaugural Drivers' Championship and earning the highest environmental accreditation from the FIA, will now bear the ZeroNox logo on their cars and apparel.
The partnership promises mutual benefits, including brand awareness, technical synergies, and potential collaborations. Robert Cruess, Co-Founder and President of ZeroNox, expressed excitement about the collaboration, sharing a joint vision for driving a greater shift towards electrification and achieving ambitious sustainability goals. Both parties aim to explore future developments to deliver added value.
ZeroNox's merger with The Growth for Good Acquisition Corporation is expected to be completed in the fourth quarter of 2023, paving the way for the company to become publicly listed. With its partnership with the successful NIO 333 Racing Formula E Team, ZeroNox looks set to expand its reach and influence in the sustainable vehicle market.
