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03 Dec
08:25

Zotye's reorganisation plan approved by court

China's Zotye Auto announced has received court approval for its reorganisation plan. In the plan, Zotye Auto will adjust its brand strategy and enter the mid-to-high class new energy vehicle market, Kallanish reports. Established in August 1998, Zotye Auto is an automobile manufacturing enterprise in the fields of automobile R&D, manufacturing and sales. Zotye Automobile and its subsidiaries have been producing traditional fuel vehicles as well as NEVs. …
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