Sunwoda sets up power battery joint venture with Dongfeng Group and Dongfeng Hongtai

Sunwoda Electronic Co., Ltd. (Sunwoda) announced that its subsidiary Sunwoda Electric Vehicle Battery Co., Ltd. (Sunwoda EVB) set up a joint venture with Dongfeng Motor Group Co., Ltd. (Dongfeng Group) and Dongfeng Hongtai Holding Group Co., Ltd. (Dongfeng Hongtai). The entity will carry out R&D for battery cells, mo....

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