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memorandum of understanding
The electric vehicles that Renault offers today are having a bit of difficulty attracting customers. Maybe 180 miles of range could make prospective car buyers shed their anxiety. That's what Renault and LG Chem might one day find out, since the two giants signed a memorandum of understanding ...
BMW has confirmed the German automaker will join forces with Toyota to create new green technologies. The two companies have signed a memorandum of understanding for mid-to-long-term collaboration on next-generation lithium-ion battery technology, with the option to expand the partnership into ...