 HANGZHOU, China , June 23, 2022 PRNewswire -- Jiuzi Holdings, Inc. NASDAQ: JZXN; the Company, a leading new energy vehicle NEV dealership group under the brand name Jiuzi in China, today announced that its operating entity, HangzhouZhitongche Technology Limited Zhitongche, has entered into a purchase agreement the Agreement with an authorized sales agent of WM Motor Technology Co Ltd. WM Motor, a Shanghai-based automotive company specialized in the manufacturing of battery-driven electric vehicles BEVs. 