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The joint venture of Volkswagen’s Audi and China’s state-owned FAW Group has begun building Audi’s first electric vehicle plant in northeastern China’s Changchun of Jilin Province on June 28, reported Yicai Global.
China’s leading laser equipment manufacturer Han’s Laser (大族激光) started a new project producing new equipment in Zhangjiagang of eastern China’s Jiangsu Province with $1.49 billion investment.
Companies from the Chinese mainland and Taiwan region continue to maintain a pivotal position in the global PCB industry in 2021.
China’s leading car battery manufacturer Camel Group has established an advanced battery R&D and sales center in the United States with a battery factory under construction.
WUS Printed Circuit, China’s leading PCB producer, plans to invest $280 million in building a new production plant in Thailand to help overseas clients overcome geopolitical and trade risks.
POSCO Chemical, the South Korean leading energy material company, is planning to expand its battery cathode production in China through a joint venture