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  • September 24, 2014
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  1. Electric-car dreams short-circuited by hype

    Posted Jan 10th 2011, 12:00am by Staff Reporter

    ... by demonstrating the world's first mass-produced plug-in hybrid car- years ahead of more established rivals such as Toyota, Nissan, General Motors- and unveiling China's first all-electric passenger car. Warren Buffett- who had recently bought a 10 per cent stake in BYD- appeared grinning on an April 2009 cover of Fortune magazine behind the wheel of a BYD E6 electric car. ...

  2. General Electric signs mainland rail-transport deals worth US$1.4b

    Posted Jan 21st 2011, 12:00am by Staff Reporter

    ... Bien Perez The Ministry of Railways has signed a letter of intent worth US$1.4 billion with United States conglomerate General Electric for rail and other transport projects, one ... the world's largest manufacturer of electric locomotives, to pursue high-speed rail projects in the US. Zhao Xiaogang, the chairman of CSR, said the company had 'strong experience and advanced ...

  3. Chery, Tianneng sign agreement to co-operate on electric cars

    Posted Mar 27th 2010, 12:00am by Staff Reporter

    ... yesterday to collaborate on developing electric cars in China. Tianneng Power, the mainland's largest electric vehicle battery supplier, will develop batteries for Chery New Energy, a wholly owned subsidiary of Chery Automobile. In return, the carmaker will give priority to Tianneng Power's batteries in its new energy cars. Chery chief executive Zeng Lingpeng said the electric ...

  4. HK Electric sees further boost from foreign units

    Posted Mar 04th 2010, 12:00am by Denise Tsang

    ... Denise Tsang Hongkong Electric Holdings expects an even larger contribution from its overseas portfolio this year after it provided a much-needed cushion to tumbling profitability on its ... which was down 18.63 per cent. However, the decline was less severe than analysts' forecasts. The combined electricity generation and distribution assets on the mainland, in Australia, ...

  5. China Overseas Land weighs bid for Shell Electric

    Posted Oct 01st 2009, 12:00am by Peggy Sito

    ... Peggy Sito China Overseas Land & Investment plans to make a general offer of as much as HK$3.4 billion for Shell Electric Mfg (Holdings) that will allow the company to take control of Shell Electric's mainland property arm. Shell Electric owns 70 per cent of unlisted developer China Everbright Real Estate, which has a land bank stretching from Guangzhou to Beijing ...

  6. Recharging key to Nissan's electric push

    Posted Nov 16th 2009, 12:00am by Kandy Wong

    ... Kandy Wong in Beijing Nissan Motor's electric vehicle prototype is light and runs smoothly, but the company concedes that initial buyers may be limited to those who own a home and have a place to recharge the car. Industry players expect China to be the leader in commercialising electric vehicles. But the market may remain small on the mainland, where most people in big ...

  7. China Overseas Land buys 24pc of Shell Electric

    Posted Sep 16th 2009, 12:00am by Peggy Sito

    ... of about 24 per cent of Shell Electric Mfg (Holdings). Shell Electric, a fan and electric appliance maker, owns 70 per cent of China Everbright Real Estate, whose key assets extend from Guangzhou ... on the existing issued share capital in Shell Electric on September 9, according to a statement on the stock exchange's website. The 157 million Shell Electric shares were bought for HK$2.90 each, ...

  8. Panel of 17 to drive electric car promotion

    Posted Mar 31st 2009, 12:00am by Staff Reporter

    ... Cheung Chi-fai Seventeen people including lawmakers, executives and academics have been appointed to a panel charged with exploring how to promote electric vehicles in the city. The Steering Committee on Promotion of Electric Vehicles, led by the financial secretary, will comprise the five ministers responsible for development, the environment, transport, commerce ...

  9. Carmakers told to rev up efforts to go electric

    Posted Nov 11th 2008, 12:00am by Kandy Wong

    ... Kandy Wong The National Development and Reform Commission has urged the mainland's major carmakers to co-operate in making electric cars, while suggesting 'incapable' carmakers leave the industry. 'Hybrid vehicles should be just the transition before local carmakers can manufacture their own electric cars or plug-in hybrids,' said Chen Jianguo, a deputy ...

  10. Sasac chief pledges 500m yuan for Dongfang Electric

    Posted May 30th 2008, 12:00am by Eric Ng

    ... Eric Ng State-owned enterprises head Li Rongrong has pledged to inject about 500 million yuan (HK$572.78 million) into earthquake-hit Dongfang Electric Corp, to help finance rebuilding ... the money would be split between the listed company and its parent. Facilities of Dongfang Steam Turbine, a wholly owned subsidiary of Dongfang Electric, were seriously damaged by the magnitude ...




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