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Hunan Yunshu Recycling New Energy Technology Co., Ltd., a subsidiary of Minmetals, jointly established Hunan Yunshu Siweipu New Energy Technology Co., Ltd. with Toyota Motor (China) Investment Co., Ltd. and Meiwa Industry (Shanghai) Co., Ltd., with a total investment of 100 million yuan. The venture focuses on power battery recycling and cascade utilization.
“On April 21, Hunan Yunshu Recycling New Energy Technology Co., Ltd., a subsidiary of Minmetals, jointly established Hunan Yunshu Siweipu New Energy Technology Co., Ltd. with Toyota Motor (China) Investment Co., Ltd. and Meiwa Industry (Shanghai) Co., Ltd., with a total investment of 100 million yuan”news.metal.com
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