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Posts Tagged: Jing-Jin Electric

Allison Transmission to invest $42 million in Jing-Jin Electric’s IPO

Allison Transmission will participate in the initial public offering of electric motor, inverter and propulsion system supplier Jing-Jin Electric (JJE), making a strategic investment of approximately $42 million. FAW Group will also participate as a strategic investor in the IPO. Allison’s investment in JJE follows a recently announced strategic partnership between the two companies, and… Read more »