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TuanChe and YangMing New Energy Technology Establish Strategic Cooperation to Develop Battery and Energy Storage Technologies

PR Newswire - Fri Oct 21, 2022

BEIJING, Oct. 21, 2022 /PRNewswire/ -- TuanChe Limited ("TuanChe" or the "Company") (NASDAQ: TC), a leading integrated automotive marketplace in China, has recently signed a strategic cooperation agreement with YangMing New Energy Technology ("YangMing") to expand its research capabilities in the field of EV batteries as well as strengthen the Company's supply chain capacity. YangMing is focused on developing safer, more efficient, and more cost-effective technologies for electric vehicles and energy storage via supercapacitor and solid-state battery systems. Collaborating with Xi'an Jiaotong University, YangMing also established the Yangming Jiaotong University Joint Research Institute of Supercapacitor Batteries and Solid-state Batteries Energy Storage in January 2021.

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