Keli Yuan spent 50 million car battery system company

On March 17, 2014, Keliyuan announced that based on the requirements of the company's HEV business strategy plan and the urgent need for HEV market development, the company will use a monetary capital of RMB 50 million in Shanghai. Minhang District invested and established Keliyuan (Shanghai) Automobile Power Battery System Co., Ltd., and its shareholding ratio is 100%. The company will focus on the development and production of the battery pack system (hereinafter referred to as "BPS").

Keli Yuan spent 50 million car battery system company

The company is determined to become the top HEV battery pack system integration service provider in China. This foreign investment can further improve the whole industry chain development model. After the mass production of BPS, the company will be upgraded from a HEV battery supplier to a battery pack system supplier. It will transform from single battery sales for car companies to providing overall solution solutions and technical services for HEV battery pack systems. It is expected to quickly open up the domestic HEV market development. Enhance the company's industry position and competitive advantage in HEV battery pack system integration.

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