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VCTech to build EV controllers plant in Busan, South Korea
South Korea’s Daegu Metropolitan City announced that VCTech Co., Ltd. will build a new electric vehicle (EV) controller plant, investing KRW 26.8 billion (JPY 2.95 million). The company has headquarters and a plant in Gunpo-si, Gyeonggi-do, It decided to liquidate its plant in Shanghai, China, and transfer the manufa....
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