Hellobike sets up $145m e-bike battery JV with Ant Financial, CATL

Hellobike sets up $145m e-bike battery JV with Ant Financial, CATL

Chinese bike sharing company Hellobike has joined forces with Ant Financial and CATL to invest 1 billion yuan ($144.5 million) to establish an e-bike battery joint venture, media reports cited a joint announcement.

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