Story Details

Chinese Air Conditioning Maker Investing $2 Billion in Electric Busmaker

Posted By GMbeat 880 days ago on Articles - China’s largest air-conditioning manufacturer Gree will be investing $2 billion in shares to buy a Chinese company that builds electric buses, lithium batteries, and drivetrain components. Gree Electric Appliances will be selling new shares to fund the purchase of Zhuhai Yinlong New Energy Co.

Submit a Comment

Log in to comment or register here