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Knorr-Bremse obtains 13% equity of Bobang, a Chinese electric motor enterprise
Knorr-Bremse AG announced that it has completed its investment in Shanghai Bobang Automotive Technology Co., Ltd. (Bobang), an electric motor supplier in China’s auto industry, and obtained some 13% of the company’s equity, becoming its second largest shareholder. Founded in 2012, Bobang is currently expanding its co....
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