China’s Sunwoda files for an IPO for its EV battery business
Earlier in July, the Shenzhen-listed Sunwoda had said that it plans to spin off Sunwoda EVB and have it listed on the ChiNext stock market
Chinese battery-maker Sunwoda has officially commenced the process of listing its electric vehicle battery business — Sunwoda Electric Vehicle Battery Co. Ltd. (Sunwoda EVB) — in China, the world’s largest EV market, according to a news report published by CnEVPost on October 18.
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