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The European Commission has approved the creation of a joint venture between Hangcha Group and Manitou for the manufacture of lithium-ion batteries for electric forklift trucks.
“The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture between Hangcha Group (China) and Manitou (France).”in.marketscreener.com
Summarized from public sources; check the original articles before acting on it.