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CATL inks joint venture to develop EV charging infrastructure across China

Wed, 03/25/2020 - 14:46 -- Paul Crompton

Battery maker Contemporary Amperex Technology (CATL) formed a joint venture with wind farm developer Baicheng New Energy on 6 March with the goal of bringing electric vehicle charging posts to market across China.

The China firms have launched Shanghai Kuaibu New Energy Technology with registered capital of 50 million yuan ($7 million). CATL will hold a 49% share, with the remaining held by Baicheng.

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