Wanxiang, Shanghai Automotive to establish JV to build new energy buses  [ China ]

The Wanxiang Group announced that the company and Shanghai Automotive will establish a joint venture to produce new energy buses in Hangzhou. The new company will be owned 51 percent by Wanxiang and 49 percent by Shanghai Automotive. It will assemble approximately 5,000 new energy buses per year. With this joint business, Wanxiang and Shanghai Automotive aim to open up business opportunities in...
<Jul 23, 2015>