Monday, 31 July 2017

Zhongtong Bus forms venture to develop fuel cell vehicles

Source: Automotive News China, 1st August 2017

Automotive News China reported, "Zhongtong Bus Holding Co., a major state-owned Chinese bus maker, is partnering with electric motor manufacturer Broad Ocean Electric Motors Co. to develop fuel cell powered buses. The two companies will establish a 500 million yuan ($75 million) joint venture, along with the local government in Liaocheng city in east China’s Shandong province. (...)"

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