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Two of China’s smaller EV battery firms have announced plans to build plants in Southeast Asia, as they join their bigger domestic competitors in tapping markets elsewhere amid lacklustre demand for electric cars in mainland China.
In filing with Hong Kong Stock Exchange CALB Group Col., Ltd. announced Fuzhou Intermediate People’s Court ruled against in patent infringement lawsuit for lithium-ion batteries. Court awarded Contemporary Amperex Technology Co Limited CATL world largest EV battery producer.