Zhejiang Wanliyang to establish drive system company  [ China ]

Zhejiang Wanliyang Co., Ltd. announced that it will invest CNY 500 million from its own resources to establish a new company in Jinhua, Zhejiang Province. The new company will be called Zhejiang GIF Automotive Drive System Co., Ltd., and will produce and sell drive systems for plug-in hybrid vehicles and automatic transmissions. (From an announcement by the company on December 13, 2016)
<Dec 13, 2016>