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Hoshion Industrial Aluminium plans to invest CNY 1 billion (USD 154.1 million) to build a plant in Anhui province, China, through its unit Hoshion New Energy Auto Parts, to produce battery cases and aluminum cases for new energy vehicles. Phase 1 production lines will be ready in March 2021, and the full plant is expected to start production in 2023.
“Hoshion plans to invest CNY1 billion (USD154.1 million) to build a plant to seize opportunities in eastern China's new energy vehicle components market.”www2.yicaiglobal.com
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