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Founder Motor to raise CNY 669 million for construction of EV motor plant annually producing 800,000 units
Zhejiang Founder Motor Co., Ltd. (Founder Motor) announced that it plans to raise CNY 669 million for construction of an EV motor plant which annually produces 800,000 units. By leveraging in-house developed technologies, Founder Motor intends to build a plant, which covers a construction area of 38,840 square meters....
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