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China

Bosch Group (China) to establish joint venture to manufacture scooter motors

On August 13, 2012 Bosch Group (China) and Ningbo Polaris Technology Co., Ltd., a leading supplier of electric scooter motors, reached an agreement to establish a joint-venture business to produce and sell scooter motors. Bosch is likely to hold the majority stake in the new company. The project is subject to approva....

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