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GAC Group begins construction of $6.5B industrial park for electric and intelligent vehicles

Green Car Congress

China-based automobile manufacturer Guangzhou Automobile Group (GAC Group), the parent company of GAC Motor, has begun construction of a large industrial park for electric and intelligent vehicles as part of its efforts to boost its electric vehicle business. More than 45 billion yuan (US$6.5

Industry 247
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Balqon to build electric buses in China with SAIG

Green Car Congress

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 Automobile Industry Co., Sichuan Automobile Industry Co.

China 300
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Air Liquide’s technology chosen for Daxing hydrogen station in Beijing, the world’s largest by refueling capacity

Green Car Congress

Ltd, a subsidiary of Air Liquide Group, supplied and installed 8 hydrogen dispenser units (each with two fueling nozzles) for the Daxing hydrogen station, owned and operated by Beijing Hypower Energy Technology Ltd. Air Liquide Houpu Hydrogen Equipment Co., With a capacity of 4.8

Hydrogen 474
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Volkswagen Group to Invest 4B by 2011 to Expand Activities in China

Green Car Congress

The Volkswagen Group is set to continue its growth in China over the next few years. Between 2009 and 2011, the Group is to invest a total of €4 billion (US$5.8 For the Volkswagen Group, China is one of the most important markets in the world. Winfried Vahland, President and CEO of Volkswagen Group China.

China 210
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Volkswagen Group and FAW to build 2 new vehicle plants in China; “Our most important market”

Green Car Congress

The Volkswagen Group, together with its partner FAW, will build two new vehicle plants in Qingdao and Tianjin, with an estimated investment of €2 billion (US$2.7 Volkswagen has been active on the Chinese market for 30 years and is one of the Western pioneers of the automobile industry in the country.

China 210
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Volkswagen extends cooperation with China joint venture partner FAW Group for 25 more years; enhanced R&D on alt drive systems

Green Car Congress

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., The Volkswagen Group is one of the most successful companies in the Chinese automobile industry. until the year 2041.

China 218
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SGL Group and BMW Group Establish Carbon Fiber-Joint Venture; BMW Will Use Output in the Megacity Vehicle

Green Car Congress

SGL Group and BMW Group have formed a 51:49 joint venture to manufacture carbon fibers and fabrics for the automotive industry. This joint venture with the BMW Group is a milestone for the use of carbon fibers on an industrial scale in the automobile industry. Robert Koehler, CEO of SGL Group.