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05 Jul
08:19

SAIC starts power battery base project in Zhengzhou

Chinese automaker SAIC Group has recently started a new power battery production base project in the economic development zone in Zhengzhou City, Henan Province, Kallanish learns. The municipal government of Zhengzhou and the leaders of SAIC Group signed a cooperation framework agreement on the establishment of the project, expected to cost CNY 2 billion ($276.29 million). The plant will have an annual production capacity of 300,000-set power batteries. Afte…
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