Home > 2012 > July (Page 2)

Lifa’s new battery project features lead-acid batteries

CHONGQING – The costly battery production project recently initiated by Lifan Industry (Group) Co. will mostly produce the conventional lead-acid batteries instead of the hyped automotive-grade lithium batteries, according to Chinese reports. Lifan Industry (Group) Co. announced on June 25 that it plans to invest ¥670 million ($105 million) in

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Volkswagen to investigate possible FAW infringement on transmissions, engines

  BEIJING – Volkswagen AG claimed it will start an investigation on whether Chinese partner FAW Group has stolen Volkswagen’s engine and transmission designs, reported auto.sina.com.cn on July 27. According to a report from Germany’s business daily Handelsblatt, FAW’s plant in Changchun, without receiving permission from Volkswagen, counterfeited Volkswagen’s MQ

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