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15 Nov
08:24

China's Juneyao Air announces launch of EV subsidiary

Chinese private conglomerate Juneyao Group, which also owns airline company Juneyao Air, has launched its electric vehicle brand Juneyao Auto via Chinese social media, Kallanish learns.  The company has taken a huge financial hit after the pandemic started, making some sceptical about its ability to produce EVs continuously. Despite the competitive market, the Juneyao is confident on the viability of its new business unit. “Perhaps the world does not n…
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