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25 Aug
17:22

SVOLT takes over ZTE's new energy focused subsidiary

New energy vehicle power battery production, service and technology company ZTE Gaoneng Technology (also known as E-Power Tech) is now wholly-owned by power battery leading company SVOLT Energy, Kallanish learns.  ZTE Gaoneng Technology was formerly a wholly-owned subsidiary of Chinese partially state-owned telecommunication ZTE. ZTE was expanding vigorously at that time. ZTE Gaoneng Technology planned to invest CNY 7.66 billion ($1.12 billion) in its ba…
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