Beijing Automobile Invests into U.S New Energy Company

  Beijing Automobile has signed contact with U.S new energy company ATIEVA to purchase its stock shares. According to the arrangement, Beijing Automobile Group will purchase 25.02% shares of ATIEVA. After the purchase, they are expected to introduce Audi A6L level high-end electronic car in the third year.

  According to Beijing Automobile Group introduction, the purchase aims to enhance Beijing Automobile Group new energy particular electronic terminal research, design and manufacture ability.

  Last year, Beijing Automobile Group has found its new energy automobile company. The purchase object, U.S ATIEVA Company is a new energy automobile core system provider. It takes part into TESLA ROADSTER pure electronic sport car, Chevrolet Volt plug-in hybrid electronic car, and Audi R8 pure electronic car researchand development.

  Link: Beijing Automotive Powertrain R & D base completed

  Beijing Automobile powertrain research center has completed. Beijing Automotive Powertrain R & D base is located at East District of Tong Zhou Economy Zone. It takes about 106 thousand square meters, which composed with research building, lab and test workshop. Among them, 65 thousand square meters research building A shall be completed at the end of 2013; 35 thousand square meters lab shall introduce equipment inside in the next half this year.

  Besides, according to research requirement, the center is geared with low noise, low shake, and no pollution test, monitor, and physical and chemical metering reading room and technical data, computer network center etc.

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