Remove 2017 Remove Definition Remove For Sale Remove Purchase
article thumbnail

CNHTC acquiring 34% of UQM stock; forming new JV for electric propulsion systems in China

Green Car Congress

UQM Technologies has entered into a definitive stock purchase agreement with China National Heavy Duty Truck Group Co., The purchase price is $0.95 The parties expect the closing will occur in December 2017. In all respects, CNHTC definitely meets all of these criteria. million in cash to UQM.

China 150
article thumbnail

Ballard signs $25M deal with Broad-Ocean for manufacture & sales of 30 and 85 kW fuel cell systems in China

Green Car Congress

Ballard Power Systems has signed a definitive agreement relating to technology transfer, licensing and supply arrangements with strategic partner Zhongshan Broad-Ocean Motor Co., Broad-Ocean) for the assembly and sale of FCveloCity 30 kW and 85 kW fuel cell systems in China.

China 150
article thumbnail

Ballard Power signs deal for production of fuel cell stacks in China; est. $168M over 5 years; buses and commercial vehicles

Green Car Congress

Ballard Power Systems signed definitive agreements with Guangdong Nation Synergy Hydrogen Power Technology Co. Ballard will have the exclusive right to purchase fuel cell stacks and sub-components from the joint venture for sale outside China.

China 150
article thumbnail

Magna aims to sell EVs in China through JV with BAIC

China EV

In 2017, China was the world’s largest market for electric vehicles , including battery electric and plug-in hybrid electric vehicles. Some 700,000 BEVs and PHEVs, plus a few hydrogen fuel cell vehicles, were sold in the Middle Kingdom in 2017. China’s healthy purchase subsidies are also scheduled to be phased out in a few years.

China 52
article thumbnail

NRC report finds Federal analysis to set LD CAFE and GHG standards generally of high quality; some technologies and issues should be re-examined

Green Car Congress

The analysis used by federal agencies to set standards for fuel economy (CAFE) and greenhouse gas emissions for new US light-duty vehicles from 2017 to 2025 was thorough and of high caliber overall, according to a new report from the National Research Council. only the MY 2017-2021 CAFE standards are final. to 41 mpg by 2021 and 48.7

Standards 150
article thumbnail

Tesla Q1 2024 Earnings Call Transcript: April 23, 2024

Teslarati

But definitely, while we did experience higher costs due to the ramp of Model 3 in Fremont, and disruptions in Berlin, these costs were largely offset by cost-reduction initiatives. So, we’re seeing much more competitive prices for sales from our suppliers, dramatically more competitive than in the past. Unknown executive: Yeah.

Tesla 113