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15 May
06:36

BYD, Weichai Power to jointly develop power batteries in Shandong

China's largest diesel engine manufacturer Weichai Power and Chinese leading automaker BYD recently signed a strategic cooperation agreement in Shenzhen. The two parties plan to establish a battery manufacturing joint venture in Shandong, Kallanish learns.  The companies are currently negotiating the details of the collaboration, which will also include a research and development centre. The collaboration is expected to yield mutual synergies, particularl…
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