February 11, 2010

Changan Auto Expands Into EV Production

Chongqing Changan Automobile plans to issue new shares valued over half a billion US dollars according to the ShenZhen Stock Exchange. The capital raised will be for new capacity, factory upgrades, and research and development. Changan is China's leader in minivan production, a major component of the fast growing rural car market for public and private fleets. But Changan plans to debut an electric vehicle version of its Zhixiang sedan possibly this year. Today comes news that Korea's LG Chem will supply li-ion lithium batteries to Changan in a new deal....

Labels: , , ,

This is a nice and informative, containing all information and also has a great impact on the new technology. Thanks for sharing it
Thank you for another fantastic posting. Where else could anyone get that kind of information in such a perfect way of writing? I have a speech next week, and I was looking for more info ;)
The you have is very useful. The sites you have referred was good. Thanks for sharing....
Post a Comment

Subscribe to Post Comments [Atom]

<< Home

This page is powered by Blogger. Isn't yours?

Subscribe to Posts [Atom]