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Kim Long Motor Partners with BYD COMPANY to Build EV Battery Plant in Vietnam
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Vietnamese automaker, Kim Long Motor, is collaborating with BYD COMPANY (01211.HK) to construct a factory in central Vietnam valued at US$130 million, aimed at producing batteries for commercial EVs, Kim Long Motor said. Kim Long Motor will fund the construction of the factory, while BYD COMPANY will provide comprehensive technical support, pursuant to the agreement. AASTOCKS Financial News Website: www.aastocks.com |
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