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EVE Energy, Foton Motor establish JV

According to multiple press releases dated December 16, EVE Energy Co., Ltd. (EVE Energy) and Beiqi Foton Motor Co., Ltd. (Foton Motor) recently established a 50:50 joint venture (JV) named Beijing Foton EVE New Energy Technology Co., Ltd., with a registered capital of CNY 500 million.
The new company’s business scop....

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