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16 Jun
11:48

China's Yadea may invest $1 billion in e-motorcycle plant in Philippines

Chinese electric two-wheeled vehicle maker Yadea reportedly plans to invest about $1 billion in an e-motorcycle factory in the Philippines.  According to Reuters, Tereso Panga, director general of the Philippine government agency Philippine Economic Zone Authority (PEZA) said Yadea and several other EV manufacturers are interested in expanding production sites in the Southeast Asian nation. Quoting Panga, the says Yadea wants to apply for a factor…
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