China market regulator approves CATL-Chery joint venture

04-02-2026 10:29 HKT

A CATL sign stands outside its research and development hub and the Chinese battery maker's headquarters in Ningde, Fujian province, China November 8, 2024. REUTERS

China's market regulator on Wednesday said it has unconditionally approved the establishment of a joint venture by battery manufacturer CATL (3750) and state-owned automaker Chery (9973).

The regulator did not disclose details of the venture.

REUTERS

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