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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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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., Heizmann and Chen Zhixin, President of SAIC Motor Corporation, also signed a joint agreement to this effect. until the year 2041.

China 218
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Die some other year: Hengchi 5 resumed manufacturing within the Tianjin plant

Baua Electric

Credit score: Sohu Hengchi is an electrical logo beneath Evergrande Crew – Chinese language 2nd greatest actual property developer. Their automobile industry 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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Volkswagen Group and SAIC to produce EVs and PHEVs in China

Green Car Congress

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

China 150
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Oil companies “break the circle”! Total Energy to build tens of thousands of charging piles in China

Setec Powerr

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.

Oil 98
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Nidec to form electric traction motor JV with a subsidiary of Guangzhou Automobile Group

Green Car Congress

Leading motor manufacturer Nidec Corporation will form a joint venture with GAC Components Co., a member of China-based Guangzhou Automobile Group Co., to manufacture automotive traction motors. Nidec’s fully integrated automotive traction motor system E-Axle (announced in April 2018). billion to US$9.3

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Study of Sustainable Value in Automobile Manufacturing Finds Mixed Performance for Most OEMs, BMW and Toyota as the Clear Leaders

Green Car Congress

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.