WellBiotec’s Chinese subsidiary to supply batteries to EV maker
South Korea’s WellBiotec announced that its subsidiary in China, Qingdao Yongchang Yinte Leather Limited Company, signed a battery supply contract with Shandong Durabl New Energy Auto Co., Ltd. Established in 2013, Shandong Durabl manufacturers 150,000 units of electric vehicles (EVs) a year. Under the new agreement,....
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