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08 Jul
03:36

BYD establishes 2 new battery companies

Leading automaker and electric vehicle battery producer BYD recently started two new battery companies. It's considered as the preparation for another round of blade battery production expansions.  On 5 July, Guangxi East Union FinDreams Battery was established with a registered capital of CNY 50 million ($7.46m). “East Union" is another way (literal) translation for Association of Southeast Asian Nations (ASEAN), but it has not been disclosed …
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