The year 2023 marks the seventh anniversary of the establishment of the Wenzhou Chamber of Commerce in Spain. In order to accelerate the expansion of the Chinese new energy vehicle brand in the Spanish market, the Wenzhou Chamber of Commerce in Spain and Nupower Technologies have decided to set up a joint venture to operate a new energy vehicle project under the Kngloo brand, with an estimated total investment of between €5 million and €10 million.

On the occasion of its 7th anniversary, the Chamber held a celebration of the 7th anniversary of the Wenzhou Chamber of Commerce in Spain on 31 May 2023.

The Chamber held the 7th Anniversary Celebration and Kngloo Car Signing Ceremony to further leverage on the Chamber’s energy efficiency and to help build a new type of smart business in EU.