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GAC Group to Set Up Battery Firm for Independent Research
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GAC Group to Set Up Battery Firm for Independent Research

Aug 26, 2022
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GAC Group to Set Up Battery Firm for Independent Research
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GAC Group to Set Up Battery Firm for Independent Research
GAC Group’s battery technology (Source: GAC Group)

Chinese automotive firm GAC Group announced two important proposals on August 25, including one to set up an independent battery company, and another to allow a company it has invested in to build a battery production base.

The shares of the independent battery company, with total investment of 10.9 billi…

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