SAIC, Germany's Infineon in production JV to make electric car power modules in China

SAIC, Germany's Infineon in production JV to make electric car power modules in China

SAIC Motor Corp's logos are pictured at its booth during the Auto China 2016 auto show in Beijing, China April 26, 2016. REUTERS/Kim Kyung-Hoon

Chinese car maker SAIC Motor Corp Ltd and German chipmaker Infineon Technologies AG agreed to set up a joint venture tomake power modules for the Chinese electric vehicle market, the companies said on Friday.

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