SAIC Motor joins hands with Sinopec and CATL to establish power battery rental company

On September 22, SAIC Motor Corporation Limited (SAIC Motor) announced on its official website that together with Sinopec Group, PetroChina Company Limited, CATL, and Shanghai International Automobile City, it incorporated a company dubbed Shanghai Jieneng Zhidian New Energy Technology Co., Ltd. (Jieneng Zhidian).
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