Nov 10, 2021 05:28 PM (GMT+8) · EqualOcean
Cailian, November 10 (Xinhua) -- Wuling Automobile announced in Hong Kong that Liuzhou Wuling Automobile Industry Co., Ltd., a non wholly owned subsidiary of the company, and Xinwangda Electric Vehicle Battery Co., Ltd., a non wholly owned subsidiary of Xinwangda Electronics Co., Ltd., signed a letter of intent for joint venture cooperation, Both parties intend to jointly invest and establish a joint venture covering the power battery system of new energy vehicles in Liuzhou, Guangxi.