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Manufacturing EV batteries locally is a key piece to India’s all-electric future as it’ll make EVs more affordable.
With new funds in hand, Lixiang says it will start to mass produce its first hybrid SUV in October.
The Beijing-based long-term investor’s holdings in these companies reached USD 837.2 million.
The Vietnamese startup helps local bus operators boost their efficiency.
Following public pressure, transport authorities have loosened requirements for four-wheeled ride-hailing in Vietnam.
While in its backyard, the domestic market is still promising though competitive.
The company has reportedly laid off about 1000 staffs this year.
Didi keeps expanding its open network of partnerships.
New funds are a life-or-death matter for China’s EV makers.
A cross-sector partnership.
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