Home / VeChain News / Vechain Might Tie-up Karma Automotive to amaze the entire crypto market

Vechain Might Tie-up Karma Automotive to amaze the entire crypto market

Vechain has never left any stone unturned to amaze the crypto market with its enormous as well as incredible partnerships with some of the largest companies all across the globe.

One of the most renowned as well as a leading global enterprise-level public blockchain platform, Vechain has given some of the best examples of reliable as well as progressive tie-ups in the history of the crypto market. In fact, last year the Vechain surprisingly to took a bold step of working with the Government of Cyprus and quite successfully implemented their solution for national-scale digitization to the Cyprus Securities and Exchange Commission (CYSEC).

Moreover, speaking about the present year, the Vechain once again took the entire crypto market by storm when out of all the crypto firms, Amazon chose Vechain for the tie-up. It decided to work with Vechain for the AWS.

Well, although the market of Vechain might have faced many bearish falls at present, it seems Vechain is once again going to amaze the majority of the population by merging with one more renowned company soon.


Keeping in mind the debilitating price of Vechain, it’s quite inevitable that the company will soon come with yet more strong tie-ups. However, it seems the firm might merge soon.

The question, however, remains who is next?

As per the recent activity, Sunny LU, the Vechain CEO, recently tweeted about the Wanxiang Global Summit. He said:

Landed in Shanghai and ready for Wanxiang Global Summit. VeChain crew has three keynotes and two panels. That’s recognition from mainstream about what’s real for mass adoption.

As per the recent reports, the CEO, Sunny LU was found sharing the stage with Mikael Elley who is a co-chief of staff in Karma Automotive as well as Vincent Wrang, chief innovation officer, Wanxiang Innova City.

Now the market is really curious whether or not the firm will end up building a strong tie-up with one of the most renowned firms like Karma Automotive.


Speaking of Karma Automotive, the firm happens to be one of the most renowned luxury electric car automakers which are based in Irvine, California.

The firm possesses an enormously massive market with its manufacturing operations in Moreno Valley, California. Well-known for its excellent design and reliable products the firm has a huge fanbase all over the world.

The firm is, moreover, owned by the Chinese automotive supply company Wanxiang.

Since the CEO of the firm was sharing the stage with Vechain’s Sunny LU, there is a really massive probability of the two firms to come up with unbreakable tie-up news.

Since the vechain’s market is terribly deteriorating, the tie-up will undoubtedly rebuild its base. In fact, the crypto firm might soon be able to recover all its losses during the downfall.

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About Zaryab Afser

A stock market trader, a blogger , a cryptocurrency enthusiast ... Awareness of proper trend and Action at the correct time are the 2 most imperative tools to succeed in the crypto world. He will undoubtedly provide you with the first tool. Moreover he ensures that his readers never miss any data or news of the crypto world that might end up shifting your trade to the zenith of its glory. Cheers.

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