Lifan Starts Afresh After Split With Holland

China's Lifan Company has announced plans to invest US$300mn in a new car assembly plant in Ethiopia, just months after terminating a previous agreement with Holland Car. According to the Daily Monitor, Lifan has already found a new partner in Yangfan Ethiopia, which will be the exclusive distributor of vehicles produced at the plant and related parts, as well as providing after-sales services. Lifan will provide technical support and supply necessary

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