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19 Sep
07:49

Xiaomi increases investment in sodium-ion battery

Sodium-ion battery firm Shandong Lingyisi Advanced Material has welcomed consumer electronics company Xiami as one of its new investors, Kallanish learns from Chinese business registration platform Tianyancha. The undisclosed investment was made through Xiaomi’s intelligent manufacturing equity investment partners, securing a 5% stake in the company. Xiaomi’s fund is now the fourth-largest shareholder of Lingyisi. According to Tianyancha, another inve…
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