Brief: Kandi And Cbak Announce Strategic Partnership To Launch U.S. Lithium Battery Facilities In Phases
April 14 (Reuters) - Kandi Technologies Group Inc K40.F: KANDI AND CBAK ANNOUNCE STRATEGIC PARTNERSHIP TO LAUNCH U.S. LITHIUM BATTERY FACILITIES IN PHASES KANDI TECHNOLOGIES GROUP INC - CBAK TO OWN 90% EQUITY IN CELL MANUFACTURING PLANT KANDI TECHNOLOGIES GROUP INC - TO OWN 90% EQUITY IN PACK ASSEMBLY FACILITY Source text: ID:nGNX3WR6Ld Further company coverage: K40.F ((Reuters.Briefs@thomsonreuters.com;))