Mile Green Powers the Future: Offering Holistic Solution, Unveiling Star-Studded Board & Bold Expansion in The Globe

[Hong Kong/Thailand, April 1, 2025] – Mile Green, the pioneering electric vehicle (EV) brand, ignited a new chapter today by introducing its powerhouse Board of Directors. This milestone event solidifies Mile Green as a driving force in the global transition to sustainable mobility.

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Now, with a strategic focus on Southeast Asia—primarily Thailand—Mile Green is fully committed to a holistic solution for EV adoption worldwide, offering quality products, providing comprehensive financing solutions, and building infrastructure to support green mobility transformation and ESG initiatives for corporates.

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CMAG Funds Invests US$50M into Mile Green

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Boosting this bold vision, CMAG Funds has committed an initial US$50 million investment to Mile Green’s global operations. The funding will fuel expansion, enhance EV financing schemes, and advance the development of charging and battery-swapping infrastructure across Thailand and beyond. 
 

A significant portion of the capital will be allocated to the development of two-wheeler EVs, with a focus on fast-charging and battery cabinet technology. The investment will also strengthen Mile Green’s partnerships with ESG-aligned organisations, promoting long-term, sustainable business innovation.

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"This investment is a testament to the confidence in Mile Green’s vision for a carbon-free future," said Ms Gigi Chan, an investor representative.

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Mile Green is also preparing to launch its B2C operations in the second half of 2025, aiming to make EVs more accessible and accelerate mass adoption across the region.

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Star-Studded Board Signals Strategic Leadership

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Mile Green’s newly formed Board brings together global leaders in automotive, finance, investment, and technology—positioning the company for agile growth in the rapidly expanding EV sector.

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"Our Board reflects our vision—strategic, diverse, and future-focused," said Mr Maverick Hui, Founder and Chairman of Mile Green. "Together, we are building an EV ecosystem that redefines sustainable mobility."

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Expanding Footprint Across Southeast Asia and Africa

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Looking beyond Hong Kong and Thailand, Mile Green is preparing for strategic expansion across Southeast Asia and Africa, leveraging the Belt and Road Initiative to introduce cutting-edge EV solutions to emerging markets.

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As part of this mission, Mile Green will:

• Invest in EV tech and infrastructure

• Support ESG-led green energy transitions

• Offer financing options to increase EV ownership

• Scale battery-swapping and charging networks

"With visionary leadership, ESG commitment, and technological strength, Mile Green is ready to shape the future of global mobility," said Mr Chatchaval Jiaravanon.

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