FAW Group (中国一汽) is about to establish a joint venture with Silk EV, a little-known U.S.-based automotive engineering and design company, to build the first Hongqi-branded sports car, reports Xinhua News Agency.
Author: MHC
British government is in talks with China Railway Construction Corporation company (CRCC, 中国铁建) about putting its HS2 project back on track, reported British newspaper Financial Times. HS2, the UK’s over budget and long delayed high-speed rail line, which will speed from London to the Midlands and the north of England, this month received the go-ahead for the first phase of construction.
On July 20, Hu Huazhi (胡华智) , the founder, chairman, and CEO of EHang, a pioneer in autonomous air mobility technology, was the first Chinese honouree for his achievements in the aviation industry at the Living Legends of Aviation Awards Europe in St. Wolfgang, Austria. We spoke with Huaxiang (Edward) Xu (徐华翔) , the company’s newly appointed chief strategy officer, who was previously head of Asia transportation research at Morgan Stanley Asia.
The Chinese economic magazine Cyzone (创业邦) has identified the six Chinese heritage brands with higher sales potential, in China and globally. A surge of nationalism and nostalgia, a taste for crossover products: the Chinese do not seem to be willing to abandon the brands that are part of their history. At the top of the class: Pechoin (百雀羚) or the resounding return of a sleeping beauty.
