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Chinese Government Takes Over Faltering Battery-Maker Farasis

Summary by Caixin Global
Chinese Government Takes Over Faltering Battery-Maker Farasis - Company has been battling losses as the type of electric-car batteries it focuses on has fallen out of favor

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Chinese Government Takes Over Faltering Battery-Maker Farasis

Chinese Government Takes Over Faltering Battery-Maker Farasis - Company has been battling losses as the type of electric-car batteries it focuses on has fallen out of favor

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Caixin Global broke the news in on Friday, April 18, 2025.
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