China market regulator approves CATL-Chery joint venture
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A CATL sign stands outside its research and development hub and the Chinese battery maker's headquarters in Ningde, Fujian province, China November 8, 2024. REUTERS/Kevin Krolicki
BEIJING, Feb 4 (Reuters) - China's market regulator on Wednesday said it has unconditionally approved the establishment of a joint venture by battery manufacturer CATL and state-owned automaker Chery.
The regulator did not disclose details of the venture.
(Reporting by Beijing newsroom; Editing by Christopher Cushing)
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