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StreetScooter to produce eLCVs in China in partnership with Chery

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Joint-ventures

An investment of EUR500 million (USD552 million) has been planned for this JV

StreetScooter has signed a memorandum of understanding (MOU) with Chinese automaker Chery Holding Group to set up a joint venture (JV) in China for local production, sourcing and development of last-mile electric light commercial vehicles (eLCV) specially tailored to the Chinese market and potentially selected other countries.

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