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Chinese carmaker Chery to begin testing solid-state batteries next year, investing $1.49 billion over two years
Chery Automobile, China's largest car exporter, announced on Thursday that it will invest 10 billion yuan (US$1.49 billion) in the new battery technology over the next two years. Chairman Yin Tongyue stated the company aims to spearhead the commercialisation of solid-state batteries, a technology expected to further boost the electrification of the global automotive industry.
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