BRIEF-Kandi And Cbak Announce Strategic Partnership To Launch U.S. Lithium Battery Facilities In Phases

Reuters

2025/04/14

April 14 (Reuters) - Kandi Technologies Group Inc K40.F:

KANDI AND CBAK ANNOUNCE STRATEGIC PARTNERSHIP TO LAUNCH U.S. LITHIUM BATTERY FACILITIES IN PHASES
KANDI TECHNOLOGIES GROUP INC - CBAK TO OWN 90% EQUITY IN CELL MANUFACTURING PLANT
KANDI TECHNOLOGIES GROUP INC - TO OWN 90% EQUITY IN PACK ASSEMBLY FACILITY

Source text: ID:nGNX3WR6Ld

Further company coverage: K40.F

((Reuters.Briefs@thomsonreuters.com;))

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