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Chinese EV battery giant CATL and Guoxin Micro set up new automotive chip firm

CATL-owned Wending Investment, Guoxin Micro subsidiary Tongxin Micro and five affiliates have agreed to establish Tongxin Micro Technology with a…

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New Business

CATL posts 34% profit growth, defying weak global EV demand and geopolitical uncertainties

The company’s net profit rose 34 per cent year on year to 16.5 billion yuan (US$2.3 billion) in the three…

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