Vietnam's auto manufacturer to establish $130 million EV battery plant with China's BYD
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HANOI, Jan 27 (Reuters) - Vietnam auto manufacturer Kim Long Motor said on Tuesday that it was partnering with China’s BYD to develop a $130 million plant to produce batteries for commercial electric vehicles in central Vietnam.The plant will be on a 4.4 hectare plot of land and will have a capacity of 3 gigawatt-hours per year, Kim Long Motor said in a statement.
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