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Geely and CATL to establish a power battery JV

On December 20, Zhejiang Jirun Automobile Co., Ltd. (Jirun), a subsidiary of Zhejiang Geely Holding Group Co., Ltd. (Geely), announced that it will establish a joint venture (JV) with CATL. The new company will specialize in the R&D, manufacturing, and sales of batteries, battery modules, and battery packs.
The JV ha....

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