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19 Mar
06:54

China's Lead to assist ABF in US LFP gigafactory

Shenzhen-listed Wuxi Lead Intelligent Equipment (Lead) will assist US emerging battery manufacturer American Battery Factory (ABF) in establishing the first network of lithium iron phosphate (LFP) battery cell gigafactories in the US. The companies announced the strategic cooperation agreement in a joint statement on Monday. Under the deal, ABF secured custom automation equipment and machinery for its first gigafactory – a 20 gigawatt-hour plant in Tuc…
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