1. LINE

      Text:AAAPrint
      Economy

      Changan and Geely join hands to produce hybrid powertrains

      1
      2016-02-29 14:39China Daily Editor: Feng Shuang

      Chinese carmaker Chongqing Changan Automobile Co has joined hands with Zhejiang Geely Holding Group Co in a subsidiary joint venture to develop hybrid powertrains, hoping to realize an ambitious new energy vehicle plan.

      Changan Automobile, Kunming Yunnei Power Co and Hunan Corun New Energy Co plan to inject more than 460 million yuan ($70.7 million) in total into Corun Hybrid System Technology Co, or CHS.

      Changan Automobile is investing 100 to 120 million yuan in money and technology properties valued at 80 to 100 million yuan.

      Hunan province based CHS is a joint venture established between Corun and Geely in 2014 for research and development of hybrid powertrains, with a 10 billion yuan investment plan.

      CHS is expected to start volume production by 2017 with an annual production capacity of 100,000 powertrains, after completing the first phase of plant construction. It has received 100 million yuan fiscal support from the government, according to a stock exchange document Corun filed last year.

      Yang Dayong, director of the brand and product department at Changan Automobile, told local media: "The company is developing new energy vehicles with two types of powertrains, both plug-in hybrid and pure electric, because the direction for the development of new energy vehicles is not set yet, and there's no agreement on approaches in the industry."

      Changan Automobile announced in March 2015 that a total of 34 new energy models would be launched by 2025, including 27 pure electric cars and seven plug-in hybrid cars.

      Zhong Faping, chairman of Corun, said that the hybrid powertrain technology platform is a platform open to everyone, and CHS is also promoting cooperation with other car makers. He envisions more automakers and part suppliers working with CHS in the future.

      Hunan Corun, which specializes in automotive traction battery productions, has had a joint venture with Toyota Motors since 2013, and became the world's number one automaker's major battery supplier in China.

      Geely said in a statement: "CHS is an open platform, and we embrace new partnerships with an open mind for win-win cooperation."

      Geely has a right to inject up to 200 million yuan in the future.

      Geely Automobile is set to launch its CHS powered Emgrand EC7 hybrid electric edition in the first half of this year. The car consumes just 4.9 liters of fuel per 100 kilometers.

      Six Emgrand cars powered by 1.8-liter methanol engine were tested in Iceland on Tuesday.

      The automaker plans to have more than 90 percent of its total sales volume contributed by NEV models, according to the strategy it announced in November last year. Its NEVs also include methanol vehicles, besides plugin hybrid, pure electric, hybrid electric vehicles.

        

      Related news

      MorePhoto

      Most popular in 24h

      MoreTop news

      MoreVideo

      News
      Politics
      Business
      Society
      Culture
      Military
      Sci-tech
      Entertainment
      Sports
      Odd
      Features
      Biz
      Economy
      Travel
      Travel News
      Travel Types
      Events
      Food
      Hotel
      Bar & Club
      Architecture
      Gallery
      Photo
      CNS Photo
      Video
      Video
      Learning Chinese
      Learn About China
      Social Chinese
      Business Chinese
      Buzz Words
      Bilingual
      Resources
      ECNS Wire
      Special Coverage
      Infographics
      Voices
      LINE
      Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.
      主站蜘蛛池模板: 亚洲免费二区三区| 精品福利一区二区三区免费视频| 在线观看午夜亚洲一区| 久久99九九国产免费看小说| 天天看片天天爽_免费播放| 亚洲高清中文字幕免费| 免费无码一区二区三区蜜桃大| 四虎成年永久免费网站| 国产亚洲成人在线播放va| 亚洲动漫精品无码av天堂| 亚洲精品乱码久久久久久自慰| 亚洲人成网站18禁止一区| 亚洲a∨无码男人的天堂| 亚洲日韩精品国产一区二区三区| 99麻豆久久久国产精品免费 | 亚洲精品人成电影网| 久久综合国产乱子伦精品免费| 久久精品亚洲综合专区| 91老湿机福利免费体验| 亚洲男人的天堂久久精品| 暖暖在线日本免费中文| 男人免费视频一区二区在线观看| MM131亚洲国产美女久久| 久久成人a毛片免费观看网站| 亚洲资源在线视频| 免费高清资源黄网站在线观看| 日本在线观看免费高清| 亚洲精品中文字幕无码蜜桃| 91大神在线免费观看| 亚洲一卡2卡3卡4卡乱码 在线| 日本免费无遮挡吸乳视频电影| 国产99久久久国产精免费| 久久久亚洲欧洲日产国码是AV| 一个人在线观看视频免费| 免费在线观看一区| 亚洲成a人片在线观看日本| 亚洲高清中文字幕免费| 色老头综合免费视频| 91亚洲精品第一综合不卡播放| 国内自产拍自a免费毛片| 一级做α爱过程免费视频|