Li-ion maker Boston Power secures US$290M from two local Chinese governments for expansion
Green Car Congress
DECEMBER 22, 2014
Li-ion maker Boston Power has secured US$290 million in local government financial support for the expansion of its two facilities in China. China’s EV market is expected to reach US$35 billion by 2020, with demand for high-end lithium-ion batteries hitting 100 GWh. —Sonny Wu, chairman of Boston Power.
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