Foton Motor to establish JV with CATL for battery leasing business

On December 5, Beiqi Foton Motor Co., Ltd. (Foton Motor) announced its intention to establish a joint venture (JV) with Contemporary Amperex Technology Co., Ltd. (CATL).
The JV is tentatively named Foton Shidai New Energy Technology Co., Ltd. (subject to the approval from the market supervision and administration de....

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