In the 36 years since China and the United States established diplomatic ties, China-U.S. commercial relations started from scratch and took off. Last year, bilateral trade in goods hit $555.1 billion, up 227-fold since diplomatic relations ...
Tags: Intellectual property, commercial cooperation, bilateral trade
Fisker Automotive and Technology Group (FATG), which was purchased by China-based Wanxiang last year following its bankruptcy, will come up with a manufacturing unit in California, US, to revive its Karma hybrid electric car. The new ...
Tags: Electric Car, Fisker Automotive and Technology Group, Karma Electric Car
The future looks bright for electric cars in China amid rapidly fluctuating gasoline prices and huge investments by the government to promote use of clean energy, industry sources said on Monday. However, inadequate battery technologies ...
Tags: Electric Cars, Battery Production
Leshi Internet Information & Technology founder Jia Yueting is planning to apply for a license to manufacture and sell electric vehicles (EV) in China. Leshi Internet makes web-enabled televisions and has already made an electric car, ...
Tags: Leshi, Electric Cars
Wanxiang America, an affiliate of Chinese automotive parts maker Wanxiang Group, has purchased a Delaware plant from American electric car maker Fisker Automotive for $18m. Following an agreement signed last week, Fisker's plant has been ...
Wanxiang America, an affiliate of Chinese automotive parts maker Wanxiang Group, has received an approval from the US bankruptcy court to acquire the assets of American electric car maker Fisker Automotive for $149.2m. The company has won ...
Hybrid Technology, led by Hong Kong billionaire Richard Li, has bid $55 million for Fisker Automotive's assets, just days after a bankruptcy judge in Delaware rejected Hybrid's plan to take over the failed electric-vehicle maker in a ...
Tags: Hybrid, Bankrupt Fisker, Bid War
Chinese automotive components manufacturer Wanxiang is planning to invest $450m in A123 Systems under a non-binding memorandum of understanding (MOU). The investement is expected to create the capital structure necessary for the company ...
Tags: Wanxiang, A123 Systems, MOU
Lithium ion battery maker A123 systems has finalised its agreement with Chinese automotive components manufacturer Wanxiang for the provision of $465m funds to continue its core businesses as well as its vehicle electrification and ...
Tags: lithium ion battery, A123 systems, vehicle electrification
US based Smith Electric Vehicles has reduced its production target by nearly 40% due to supply troubles. The company had planned to produce 620 vehicles in 2012 but now is aiming for 380. In the first six months of 2012, the company ...
Tags: smith electric vehicles, commercialise all-electric school buses
The US Department of Energy (DOE) and the Federal Aviation Administration (FAA) have issued Rockford Solar Partners, a joint venture between Wanxiang American and New Generation Power, the FONSI, “Finding of No Significant ...
Tags: Market View, solar
The US Department of Energy (DOE) and the Federal Aviation Administration (FAA) have issued Rockford Solar Partners, a joint venture between Wanxiang American and New Generation Power, the FONSI, “Finding of No Significant ...
Tags: solar