Remove Automobile Industry Remove Chinese Remove Corporation Remove Industry
article thumbnail

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
article thumbnail

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.

article thumbnail

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
article thumbnail

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

Setec Powerr

When “replacing oil with electricity” has become a trend, the transportation industry has maintained the era of fuel oil for hundreds of years, but it is also undergoing subversive changes. Behind the popularity of charging piles in the oil circle, the transportation industry is undergoing a major change unseen in a century.

Oil 98
article thumbnail

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
article thumbnail

Better Place, China Southern Grid sign strategic agreement on battery switching; Guangzhou accord to encourage production of EVs with switchable batteries

Green Car Congress

The Guangzhou accord calls for the municipal government to encourage local car manufacturers, such as Guangzhou Automobile Industry Group, to produce electric cars with switchable batteries. — Better Place Founder and CEO Shai Agassi. —Shai Agassi.

Grid 299
article thumbnail

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

Green Car Congress

The BMW Group and Toyota are consistent industry leaders, creating extremely positive Sustainable Value over the entire review period—i.e., The authors note that other leading manufacturers including Porsche, KIA or Chinese manufacturers are still not producing sufficient sustainability performance data.). billion from 1999 to 2007.