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Pirelli shareholder Hixih signs Chinese EV strategic partnership

Author: Chris Anthony Comments: 0
Italy’s Eurogrip Laminations and China’s Hixih Rubber Industry Group, which has indirect connections with Pirelli, have agreed an EV-orientated joint-venture (Photo: Eurogrip Laminations)

After reporting triple-digit growth in its electric vehicle and automotive business in China during the first half of 2024, Eurogrip Laminations (EGLA) announced that it has agreed a partnership with China’s Hixih Rubber Industry Group. Italy-based EGLA turned over some 836 million euros in 2023.

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