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Riken to establish joint venture with Chinese automotive supplier to enhance development of NEV products

Riken Corporation (Riken) announced that it has agreed on the establishment of a joint venture company with Ningbo Shenglong Automotive Powertrain System Co., Ltd. (SLPT) for the research and development of products related to New Energy Vehicles (NEVs: battery electric vehicles, plug-in hybrids, and fuel cell vehicl....

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