Sunwoda EVB and Partners to Invest $1.71B in Joint Battery Project
The electric vehicle battery subsidiary of Shenzhen-based Sunwoda will jointly invest about 12 billion yuan ($1.71 billion) alongside three other parties to build a 30GWh battery production base, according to an announcement on September 15.
The partners of Sunwoda EVB in this endeavor include the Yichang Government, Dongfeng Motor Corpo…