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BYD Company Limited and Daimler AG have signed a contract creating a 50:50 research and technology joint venture called “Shenzhen BYD Daimler New Technology Co. Ltd,” that will develop an electric vehicle for China. BYD and Daimler will invest RMB 600 million to use as registered capital for the Joint venture. The new generation of electric vehicles [...] American Jianye Greentech Holdings Ltd. (the “Company”), which is engaged in the business of developing, manufacturing and distributing alcohol-based automobile fuel products in the People’s Republic of China, manufactured by their affiliate Zhao Dong Jianye Fuel Co., Ltd. (“Zhao Dong”), announced today that its President, Mr. Hapeing Wang will be speaking at the first ever [...] Universal Cars Ltd. (UCL), Mitsubishi Motors Corporation (MMC)’s importer and distributor for Hong Kong, announced today it will begin sales of the i-MiEV the new-generation electric vehicle to individuals. Mass-production i-MiEVs have already been delivered to the government of the Hong Kong Special Administrative Region of the People’s Republic of China (HKSAR) and some companies; however [...] Moving the global economy towards environmentally-friendly, clean technologies will increasingly hinge on rapid improvements in the recycling rates of so called “high-tech” specialty metals like lithium, neodymium and gallium. Such metals, needed to make key components for wind turbines and photovoltaics to the battery packs of hybrid cars, fuel cells and energy efficient lighting systems, exist [...] The 11th International Conference on Present and Future Engines for Automobiles will take place from May 30th to June 3rd, 2010 in Shanghai, China. The US and Europe should take note that events such as this highlight the fact that the Chinese are committed to becoming the world leader in automobile design and manufacturing. Bob [...] The World Bank’s Board of Executive Directors has approved a loan of $100 million to the People’s Republic of China to help improve urban transport and road safety in Wuhan. Wuhan, the capital of Hubei Province, is the eighth largest city in China (with an urban central city population of more than 5 million) and [...] A123 Systems, a developer and manufacturer of advanced Nanophosphate(TM) lithium ion batteries and systems, this week announced that they are entering into a joint venture with SAIC Motor Co. Ltd, a leading automaker in China. The focus of the joint venture is to develop, manufacture and sell complete vehicle traction battery systems for use in [...] A Chinese businessman is planning to take his start up auto company to a new level. Yesterday Mr Xialon “Charles” Wang, the owner of GreenTech Automotive Inc revealed four new fuel efficient models and rolled out a plan to build a large assembly plant in northwestern Mississippi. Mr Wang is quoted as saying that the plant [...] Sept 26th,2009 the U.S.-China Electric Vehicle Forum concluded in Beijing, China, bringing together more than 140 U.S. and Chinese officials from government, industry, academia and advocacy groups to discuss progress made in the electric vehicle industry to date and opportunities for collaboration and progress moving forward. DOE Assistant Secretary for Policy and International Affairs David [...] |
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