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Hubei Taite Electromechanical to acquire e-Traction B.V.
Hubei Taite Electromechanical announced that it will acquire a 100% stake in the Netherlands-based e-Traction B.V., Europe’s largest wheel motor manufacturer for new energy vehicles. Hubei Taite Electromechanical is affiliated with Tianjin Tanhas Technology Co., Ltd., which is a subsidiary of Changzhou Guangyang Bear....
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