Deepway Technology Company, a Chinese manufacturer of new energy heavy trucks, has signed a distribution agreement in Oman, as the company steps up its overseas expansion by targeting markets in the Middle East.
The agreement, signed in Oman’s capital city of Muscat with local dealer group Top Autos LLC, is the company’s second distribution deal in the region, having recently established a similar partnership in the United Arab Emirates (UAE).
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Deepway said the new deal creates a “complementary north-south presence” in the Gulf region. By providing a transportation link between the two countries, the company aims to strengthen its sales and service coverage and step up its growth momentum in the region. The company claims that its trucks are designed for long-distance haulage, offering high energy-efficiency and suitability for the region’s extreme heat operating conditions.
Deepway’s entry into this market is also in line with the Omani government’s target for 35% of new vehicles sales in the country to be electric by 2030, as part of the country’s transition to a low carbon local economy.
