CNHTC acquiring 34% of UQM stock; forming new JV for electric propulsion systems in China
Green Car Congress
AUGUST 28, 2017
UQM Technologies has entered into a definitive stock purchase agreement with China National Heavy Duty Truck Group Co., through its wholly owned subsidiary, Sinotruk (BVI) Limited (collectively, CNHTC”, the parent company of Sinotruk, a leading Chinese commercial vehicle manufacturer.
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