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BAIC FOTON eView Connect Makes a Strong Debut in Thailand, Pioneering a New Paradigm for Green Logistics in Southeast Asia

Business

BAIC FOTON eView Connect Makes a Strong Debut in Thailand, Pioneering a New Paradigm for Green Logistics in Southeast Asia
Business

Business

BAIC FOTON eView Connect Makes a Strong Debut in Thailand, Pioneering a New Paradigm for Green Logistics in Southeast Asia

2026-06-12 18:17 Last Updated At:18:35

BEIJING, June 12, 2026 /PRNewswire/ -- CP FOTON recently held an official launch event in Bangkok, Thailand, to unveil its eView Connect new energy van. Senior executives from the CP Group and Foton International, along with the first batch of customers, strategic partners, financial partners, national dealers, and local media, were all in attendance to witness this significant milestone in BAIC FOTON's journey toward the electrification of commercial vehicles in Southeast Asia.

The Thai government is fully committed to advancing the green transition, and the "30@30" target proposed by the National Electric Vehicle Policy Committee has become a guiding principle for the industry.

Addressing the current state of local charging infrastructure in Thailand, the eView Connect is equipped with CATL's third-generation liquid-cooled battery, featuring a 2C charging rate. It offers two battery capacity options—50.23 kWh and 66.67 kWh—and supports both AC slow charging and DC fast charging. The battery comes with an extended warranty of 8 years or 400,000 kilometers. In the future, the company plans to explore the development of a battery-swapping version based on customer usage scenarios. Additionally, this model is built on a brand-new all-electric platform and features comprehensive upgrades in smart configurations and NVH performance systems, significantly enhancing comfort.

At the launch event, CP FOTON delivered its first batch of vehicles to five local companies in the logistics, retail, and leasing sectors. At the same time, it signed a memorandum of understanding for strategic cooperation with Spark EV and Huawei.

  • Partnership with Spark EV: Spark EV is Thailand's fastest-growing charging network operator with a leading ultra-fast charging station network, positioned around "fully liquid-cooled ultra-fast charging + a backbone network of gas stations + nationwide 50km coverage." The two companies will collaborate to focus on building charging stations for medium- and heavy-duty commercial vehicle trunk logistics.
  • Deep Collaboration with Huawei: Leveraging Huawei's world-leading ultra-fast charging technology—Huawei is not only a strategic technology partner of Spark EV, but its fully liquid-cooled ultra-fast charging solutions have already been deployed on a large scale in Bangkok, Pattaya, Chiang Mai, and other locations across Thailand, playing a pivotal role in accelerating the electrification of Thailand's automotive sector.

Founded in 2019, CP FOTON has achieved sound local production and product layout. As a key milestone of BAIC FOTON's internationalization drive, this launch will take Thailand as a hub to improve full-range services, and boost low-carbon development of logistics across the Asia-Pacific region.

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BAIC FOTON eView Connect Makes a Strong Debut in Thailand, Pioneering a New Paradigm for Green Logistics in Southeast Asia

BAIC FOTON eView Connect Makes a Strong Debut in Thailand, Pioneering a New Paradigm for Green Logistics in Southeast Asia

BAIC FOTON eView Connect Makes a Strong Debut in Thailand, Pioneering a New Paradigm for Green Logistics in Southeast Asia

BAIC FOTON eView Connect Makes a Strong Debut in Thailand, Pioneering a New Paradigm for Green Logistics in Southeast Asia

ISLAMABAD, June 12, 2026 /PRNewswire/ -- Binance Exchange today announced the admission to trading of bStocks, fully-backed tokenized securities representing select U.S. stocks issued by BTech Holdings Limited, a Binance group affiliate ("Issuer"). Eligible users can trade bStocks 24/7 and hold on Binance, self-custody them through BNB Chain-compatible wallets, and use them across supported DeFi applications.

At launch, the first bStocks listings will be Circle Internet Group (CRCLB/USDT), Micron Technology (MUB/USDT), NVIDIA (NVDAB/USDT), Sandisk (SNDKB/USDT), and Tesla (TSLAB/USDT). SpaceX (SPCXB/USDT) is planned for trading, pending SpaceX's public listing on Nasdaq, with additional bStocks admission for trading on Binance Exchange to be announced progressively.

First previewed in Binance's recent announcement introducing U.S. equities trading, bStocks combines traditional investing with the flexibility of on-chain transferability. The launch also advances Binance's mission to democratize access to financial opportunities across asset classes and market stages — from private-market exposure through Pre-IPO perpetuals, to public equities, to tokenized real-world assets.

Users can convert between supported underlying equities (purchased through Binance's broker-dealer entity Nest Trading Limited) and bStocks at a 1:1 ratio with zero conversion fees. With fractional shares starting from as little as $5, bStocks makes investing more accessible.

The launch of bStocks follows regulatory approval of the Issuer's prospectuses by the ADGM's Financial Services Regulatory Authority. bStocks are designed as a Certificate over select U.S. stocks and ETFs. Each bStock is backed 1:1 by a corresponding underlying share held with a regulated custodian.

"Early demand for stocks trading on Binance shows that users want more flexible ways to access traditional markets," said Richard Teng, co-CEO of Binance. "bStocks are the next step in that evolution, bringing real-world assets on-chain while giving users greater portability and self-custody. As tokenization gains momentum, Binance is helping bridge traditional finance and crypto infrastructure in a way that is simple, secure, and user-driven."

As standard BEP-20 tokens on BNB Chain, bStocks are compatible with wallets and on-chain applications across the ecosystem, with planned integrations to be announced progressively.

Corporate actions such as stock splits and dividend-related adjustments are processed automatically, helping users maintain continuous exposure without requiring manual action.

Binance is offering zero maker fees for the initial bStocks trading pairs for a limited time. This applies to MUB/USDT from 2026-06-11 17:00 UTC to 2026-08-31 23:59 UTC, and to CRCLB/USDT, NVDAB/USDT, SNDKB/USDT and TSLAB/USDT from 2026-06-11 18:00 UTC to 2026-08-31 23:59 UTC, subject to applicable terms and conditions.

Disclaimer: bStocks Tokenized Securities are classified as Certificates representing certain Financial Instruments (paragraph 92, Schedule 1 to FSMR). bStocks are not stocks or shares and bStocks do not allow holders to directly own a share or stock in the underlying listed company. bStocks do not represent any affiliation with the underlying asset's issuer.  bStocks are offered through an Approved Prospectus in the ADGM and are not offered in any other jurisdiction. No public offer is made outside of the ADGM. Tokenized Securities are available only to eligible users in permitted jurisdictions on a secondary market basis only. It is your sole responsibility to ensure that accessing and trading Tokenized Securities is lawful in your jurisdiction before proceeding. Accessing this product from a jurisdiction in which it is prohibited or restricted does not create any liability or obligation on the part of Binance. We may restrict, suspend, reject, cancel, or unwind access or transactions if we determine, in our sole discretion, that your access or transaction may breach applicable law, product restrictions, eligibility criteria, sanctions requirements, or the relevant offering documents.

No information displayed in connection with Tokenized Securities is intended as an offer, solicitation, promotion, recommendation, or invitation to buy or sell securities in any jurisdiction. Tokenized Securities are not offered, sold, distributed, made available, or accessible in the United States or to, or for the account or benefit of, U.S. persons. The Tokenized Securities have not been and will not be registered under the U.S. Securities Act of 1933 or any U.S. state securities laws and a public offering of bStocks will not be conducted in the United States or any other jurisdiction (other than the ADGM). By accessing this product, you represent and warrant that you are not a U.S. person, are not located in the United States, are not acting for the account or benefit of any U.S. person, and will not access, purchase, sell, transfer, redeem, or otherwise transact in Tokenized Securities from within the United States.

For more information, see the Terms of Use, Exchange Rules, Exchange Procedures, relevant Prospectus (if applicable to you and understanding that the offer is only made in ADGM, no public offer is being made elsewhere and viewing the prospectus does not constitute an invitation or solicitation outside ADGM), bStocks Minting and Redemption Product Terms, Admission to Trading Notice and Risk Warning.

 

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Binance Exchange Launches bStocks Tokenized Securities: 1:1 Backing and 24/7 Trading

Binance Exchange Launches bStocks Tokenized Securities: 1:1 Backing and 24/7 Trading

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