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The State Administration for Market Regulation unconditionally approves the establishment of a new joint venture between CATL and Chery Automobile and other operators.
The State Administration for Market Regulation released the “Unconditional Approval List of Concentration Cases for Operators from January 19, 2026, to January 25, 2026.” This includes cases of Ningde Times New Energy Technology Co., Ltd. and Chery Automobile Co., Ltd. and other operators establishing new joint ventures.