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Manitou and Hangcha have signed an agreement to create a joint venture in Le Mans, France, to manufacture and distribute lithium-ion batteries. The venture is subject to European competition authority approval.
“French telehandler and aerial lift manufacturer Manitou and Chinese forklift and aerial lift producer Hangcha have signed an agreement to create a joint venture to manufacture and distribute lithium-ion batteries in France.”vertikal.net
Summarized from public sources; check the original articles before acting on it.