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Chinese battery firm to make EV with either lead-acid or lithium-ion battery

Mon, 12/05/2016 - 10:10 -- Xuan Zhong

Chinese battery manufacturer Chaowei Group has founded a new company to make electric vehicles with a choice of lead-acid or lithium-ion battery.

Chaowei has invested ¥3.5 billion ($508 million) into its new company called Zhejiang Plante Electric Vehicle.

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