Remove Chinese Remove Commercial Remove Corporation Remove International
article thumbnail

WiTricity raises $34M in venture capital, including strategic investment from Mitsubishi

Green Car Congress

Stage 1 Ventures led the round with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its US subsidiary, Mitsubishi Corporation (Americas). Mitsubishi Corporation’s investment in WiTricity reflects an innovative vision for the future of smart cities.

article thumbnail

BYD continues to expand business in Europe

Teslarati

Chinese automaker BYD continues to expand its business in Europe by developing local partnerships. According to Ayvens, its partnership with BYD will help the Chinese EV automaker distribute electric and light commercial vehicles (LCVs) for European corporate and retail customers. The tariffs reach up to 38.1%

BYD 123
article thumbnail

Sinopec and Airbus to develop Chinese renewable aviation fuel

Green Car Congress

China Petroleum and Chemical Corporation (Sinopec), one of China’s biggest energy companies and Airbus are developing and promoting renewable aviation fuel production for regular commercial use in China. Earlier post.). It will help aviation grow sustainably and demand for fuel increase. Earlier post.).

Chinese 247
article thumbnail

China EV maker XPeng inks strategic cooperation agreement with banks for $2B credit facilities

Green Car Congress

Under the terms of the agreement, five domestic commercial banks including the Agricultural Bank of China, the Bank of China, China Construction Bank, China CITIC Bank and Guangzhou Rural Commercial Bank, will provide credit facilities to support the company’s business operations and expansion of its manufacturing, sales and service capabilities.

China 199
article thumbnail

WiTricity signs first South Korean licensee for wireless charging technology for EVs

Green Car Congress

WiTricity, the industry pioneer in wireless power transfer over distance, has entered into a technology licensing agreement with Yura Corporation, a leading South Korea-based automotive Tier 1 supplier. Global corporate investors now include Qualcomm, Toyota, Intel Capital, Delta Electronics Capital, Foxconn and Schlumberger. .

article thumbnail

PHEV powertrain company ALTe in new commercial vehicle JV in China with Henan Benma; target 10K units/year

Green Car Congress

ALTe Powertrain Technologies (ALTe), developer of a range-extended plug-in electric hybrid vehicle (PHEV) powertrain for light commercial fleet vehicle applications ( earlier post ), will establish a new commercial vehicle manufacturing Joint Venture with the Henan Benma Company (Benma) in the Henan province of China. Earlier post.)

article thumbnail

JAC and Navistar Sign Two Integrated JV Agreements to Produce and Market Commercial Trucks and Diesel Engines

Green Car Congress

An affiliate of Navistar International Corporation and Anhui Jianghuai Automobile Co. JAC) have signed a joint venture agreement to develop, build and market advanced diesel commercial engines in China. also signed today a joint venture agreement with JAC to develop, build and market advanced commercial vehicles in China.