(AOF) – Gaussin has announced an exclusive 20-year production and licensing agreement with Nexport, an Australian producer and supplier of electric vehicles. This contract follows the signing of the modalities agreement last September. The 20-year joint venture and license agreement provides for the assembly and local supply of Gaussin’s range of zero-emission vehicles and systems for port terminals, airports, logistics and passenger transport applications.
Under the terms of the partnership, Gaussin will receive a license fee of 10 million euros.
In detail, the two parties will create a joint venture under Australian jurisdiction – called Gaussin & Nexport -, 51% owned by Nexport and 49% by Gaussin.
Nexport has planned a state-of-the-art production and assembly site in the Bankstown airport area. This initiative is expected to create more than 80 new jobs in New South Wales.
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