NewzChinese automotive manufacturer Zhejiang Geely Holding Group Co., Ltd. (ZGH), alongside NIO Holding Co., Ltd. (NIO), has injected an investment of Rp1.7 trillion into the battery industry. The funding is part of the companies' ongoing activities within the sector.
This capital allocation highlights the continued strategic expansion and financial commitment of major Chinese automotive brands toward electric vehicle battery supply chains and development.
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