Market Chatter: Yadea, Narada Power Tie Up for Solid-State Battery Development
MT Newswires Live02-04
Electric bicycle manufacturer Yadea Group Holdings (HKG:1585) signed a strategic cooperation agreement with battery manufacturer Zhejiang Narada Power Source (SHE:300068) to co-develop solid-state batteries, the Securities Times reported Tuesday.
The agreement will also include further upgrading of solid-state batteries and the building of the technology's industrial chain synergy, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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