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CITC

German-Chinese joint venture for hybrid batteries

Mon, 03/12/2018 - 13:13 -- Xuan Zhong
German-Chinese joint venture for hybrid batteries

German automotive manufacturer Continental has confirmed plans to launch a battery production joint venture with China’s Sichuan Chengfei Integration Technology (CITC).

Continental said the partnership is expected to start producing 48-volt mild hybrid lithium-ion battery systems in China, by the middle of this year, targeting the European, North American and Asian electric vehicle markets.

 

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