Hangcha Group and Inbol establish motor joint venture

Hangcha Group Co., Ltd. and Zhuhai Inbol Electric Co., Ltd. jointly established Zhejiang Huahang Electric Drive Co., Ltd. in Hangzhou Fork Group's Hengfan Science Park. Hangcha contributed 27.5 million RMB (55% stake), Inbol contributed 17.5 million RMB (35% stake), and the management team contributed 5 million RMB (10% stake).

“Hangzhou Fork Group and Inbol respectively contributed 2,7.5 million yuan, 1,7.5 million yuan and 5 million yuan of joint investment by the management team 5, Zhejiang Huahang Electric Drive Co., Ltd. was established.”news.global-ce.com

• 2 sources
• news.global-ce.comHangzhou Fork Group | Hangzhou Fork Group and Intel Establish Motor Joint Venture to Create "Hard Achievements" Leading the Development and Innovation of the Industry|Global-CEJul 15, 2024
• cehome.com杭叉集团与英搏尔成立电机合资公司_铁甲工程机械网Jul 17, 2024

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