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California-based Balqon Corporation, a developer of heavy-duty electric vehicles, drive systems and lithium battery storage devices ( earlier post ), has entered into a Joint Development Agreement with China-based Sichuan AutomobileIndustry Co., Sichuan AutomobileIndustry Co.
The Guangzhou accord calls for the municipal government to encourage local car manufacturers, such as Guangzhou AutomobileIndustry Group, to produce electric cars with switchable batteries. — Better Place Founder and CEO Shai Agassi. —Shai Agassi.
After 20 years of cooperation, the Volkswagen Group and its Chinese joint venture partner First Automotive Works (FAW) are extending their present partnership for a further 25 years—i.e., Heizmann and Chen Zhixin, President of SAIC Motor Corporation, also signed a joint agreement to this effect. until the year 2041.
The Volkswagen Group and SAIC Motor Corporation Ltd, Volkswagen’s original joint venture partner in China, have agreed to expand the main plant of their joint venture Shanghai Volkswagen (SVW) in Anting to support the local production of electric vehicles. These agreements form part of the total investment of €22 billion (US$24.5
The Sustainable Value approach is a value-based method for assessing corporate sustainability performance that extends the traditional valuation methods used in financial analysis to include not just the use of economic capital, but also environmental and social resources. GM achieved a sustainable value of -€9.87 billion from 1999 to 2007.
Leading motor manufacturer Nidec Corporation will form a joint venture with GAC Components Co., a member of China-based Guangzhou Automobile Group Co., GAC Components is a subsidiary of major Chinese car manufacturer Guangzhou Automobile Group with the sixth-largest market share in the increasingly environmentally strict China.
Recently, Total Energy joined hands with the new energy power generation giant China Three Gorges Corporation to establish a company specializing in electric travel: Three Gorges Total Energy Charging Service Co.Ltd. In the process of global electrification, the performance of the Chinese market can be described as outstanding.
He held firm that he won’t delay next year’s emission targets, regardless of relentless pressures from the automobileindustry. “We Profits are tanking, factories are closing , and European automakers are losing dominance to Chinese competition. We have specific rules and goals that we want … and we have to stick to the plan.
It’s one of the great stories of corporate intrigue: General Motors in the US and Sumitomo in Japan independently conceived the technology, and then worked in secret, racing to commercialize the technology, and without even being aware of the other’s efforts. Today, some 95 percent of permanent magnets are neodymium-iron-boron.
Disappointingly, the report also found that leading manufacturers including Porsche, KIA and some Chinese manufacturers are still not producing sufficient sustainability performance data. It is the first value-based method for assessing corporate sustainability performance.
As a subscriber, you can receive our free weekly China Auto News, which keeps you informed the latest developments of Chinas automobileindustry. Alternative-fuel cars were some of the hottest items on display at the Shanghai auto show from homegrown companies like Geely Automobile Holdings Ltd., Brilliance Jinbei Automobile Co.
This is different from anything Ive ever seen in my 40 years in the automobileindustry." ( Detroit Free Press ). Some of our engineers think we must go beyond lithium-ion," said Katsuaki Watanabe, president of the Toyota Motor Corporation, referring to what is now the leading battery technology for electric vehicles. (
Credit score: Sohu Hengchi is an electrical logo beneath Evergrande Crew – Chinese language 2nd greatest actual property developer. Their automobileindustry construction is just a little difficult – the auto unit is known as Evergrande Fresh Power Auto (Evergrande Auto). The corporate introduced a restructuring plan in March.
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