
HASCO plans to acquire a 49% stake in SAIC Qingtao for 206 million yuan, marking its first entry into the solid-state battery field

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HASCO plans to acquire a 49% stake in SAIC Qingtao held by SAIC Motor for 206 million yuan, marking its first entry into the solid-state battery field. This acquisition will help improve the company's "smart power" platform product matrix and achieve synergistic development of solid-state batteries with electric drive, thermal management, and other businesses
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