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SAIC Capital’s partnership with Plug and Play to speed up efforts to find new industry disruptors

SUNNYVALE, California – SAIC Capital, the venture arm of SAIC Motor, China’s largest automaker by sales, announced on December 7 a strategic partnership with Plug and Play, a global startup ecosystem and venture fund specializing in the development of early-to-growth stage technology startups in 13 verticals. SAIC Capital will be

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Chinese VC firm GSR Capital to acquire Nissa’s electric battery business

YOKOHAMA – Chinese private investment fund GSR Capital has entered into a definitely sale and purchase agreement with Nissan Motor Co., Ltd. for the sale of its electric battery operations and production facilities, the Japanese automaker said in a statement on August 8. The agreement covers Nissan’s battery subsidiary, Automotive

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