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China-based Sunwoda Electronic to sets up joint venture battery factory

China-based lithium-ion (Li-ion) battery cell and module maker Sunwoda Electronic will have its subsidiary Sunwoda Electric Vehicle Battery set up a factory of Li-ion battery cells, modules, and packs for use in electric vehicles (EVs) in central China on a joint-venture basis with China-based automaker Dongfeng Motor and its affiliate Dongfeng Hongtai Holding, according to industry sources.