Battery venture to power green cars | CleanGreenTips.com
24 December 2009
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The Shanghai Advanced Traction Battery Systems Co, which is 51 percent owned by SAIC, will focus on developing, manufacturing and selling complete vehicle traction battery systems for use in hybrid cars , electric vehicles, … earlier announced it would source hybrid technologies from Delphi Corp and has also reportedly agreed to buy lithium-ion batteries from BYD Automobile Co, a Chinese battery and electric car maker backed by US billionaire Warren Buffett. …
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