---
title: "Highway Holdings signs master agreement to form 57%-owned energy storage JV with Huahu"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295396033.md"
description: "Highway Holdings signed a master agreement to form a Hong Kong-based energy storage joint venture with Huahu. Highway will hold 57% and Huahu 43%, with initial contributions valued at USD 3.5 million. The JV, expected within 30 days, holds exclusive rights to market Wowtiger battery systems in Germany, Italy, the US, and parts of South America."
datetime: "2026-08-10T11:04:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295396033.md)
  - [en](https://longbridge.com/en/news/295396033.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295396033.md)
generator: "portal-rs"
---

# Highway Holdings signs master agreement to form 57%-owned energy storage JV with Huahu

-   Highway Holdings signed a master agreement to form a Hong Kong energy storage joint venture with Wowtiger brand owner Huahu. \* Planned entity, Huahu International New Energy Technology, is expected to be formed within 30 days; Highway holds 57%, Huahu 43%. \* Initial contributions valued at about USD 3.5 million, including USD 2 million cash from Highway and USD 1.5 million in products and technology from Huahu. \* Joint venture gets exclusive rights to market and distribute Wowtiger battery energy storage systems in Germany, Italy, the US, selected South American markets. \* Structure includes up to 400,000 restricted Highway shares for Huahu tied to formation and European milestones; SKD manufacturing is under evaluation. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Highway Holdings Limited published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608100700PR\_NEWS\_USPR\_\_\_\_\_CN22381) on August 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**