The incident on Nov. 5 in the southern province of Guangdong killed a motorcyclist and a high school girl, Jimu News reported, posting a video of a car driving at high speed crashing into other vehicles and a cyclist.
The Serbian government has agreed to provide funding of up to 419 million euros ($431 million) including grants and tax incentives to support the project, InoBat said.
The purpose of the joint venture is to develop and manufacture next-generation hybrid powertrains, as well as carbon-free and low-emission technologies, at five global research and development centres.
