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China’s investment in EVs to be “substantial” and talent is key, says SAE-China secretary general

BEIJING - China's investment in the development and industrialization of electric vehicles and other alternative forms of vehicle propulsion will be "substantial" over the next five years, according to SAE-China director at a symposium here on June 26.    "The investment level during China's 12th Five-Year Plan Period (2011-2015) will be

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Beiqi-Foton establishes European headquarters in Russia

The world's largest commercial vehicle manufacturer, Beiqi-Foton (Foton) signed a Memorandum of Understanding (MOU) with the government of Moscow, representing the formal foundation of Foto's European headquarters in Russia. The Beijing-based automaker expects its Russian subsidiary to serve as its European manufacturing and operational center, and to represent a milestone

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