Chang¡¯an Announced a Joint Venture with Geely, Corun and Yunnei Power
Home >> Chang¡¯an Announced a Joint Venture with Geely, Corun and Yunnei Power
Chang¡¯an Automobile Group announced a joint venture with Geely Auto, Corun and Yunnei Power in China Hybrid System(CHS), a company co-founded by Corun and Geely Holding Group in 2014.
CHS will leverage manufacturers¡¯ strength on battery and hybrid technology, and attract more members so as to build a state-level platform for advanced hybrid powertrains in China.
CHS¡¯s scalable platform can produce powertrains for hybrids and plug-in hybrids. Considered China¡¯s increasingly stringent fuel consumption target and CHS¡¯ bullish future, Chang¡¯an Automobile¡¯s capital increment shows this carmaker¡¯s faith in CHS¡¯s platform and its cost advantage.
By now, CHS has got a 1 billion rmb fund through China¡¯s national industrial transformation and upgrading program last September and its hybrid powertrains had passed a national engineering certification last November.
CHS¡¯s hybrid powertrain will debut in the GeelyEmgrand EC7HEV in the first half of 2016. Chang¡¯an auto will also apply CES¡¯s technologies in its own product lines, among which including Chang¡¯anEado PHEV and CS75 PHEV.
