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GAC Group to set up electric drive tech company for independent production of electric drives
On August 11, Guangzhou Automobile Group Co., Ltd. (GAC Group) announced its plan to set up an electric drive tech company for the industrialization of independent IDU electric drive systems and GMC hybrid electric coupling systems.
The new tech company will be 23% owned by GAC Group, 26% owned by Guangzhou Automobil....
The new tech company will be 23% owned by GAC Group, 26% owned by Guangzhou Automobil....
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