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LoI signals Turkey’s intent to create domestic lithium-ion dependence

Thu, 10/29/2020 - 13:24 -- Paul Crompton

China lithium-ion battery maker Farasis Energy has signed a letter of intent to manufacturer battery modules in Turkey with a consortium aiming to bring domestic electric vehicles to the country.

Farasis will supply lithium-ion cells that will be jointly developed and produced into battery modules for EVs in partnership with Turkey’s automobile joint venture group TOGG. 

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