TechNews - USA - GM, Shanghai Automotive pledge to develop energy-efficient vehicles in China
Agreement calls for expansion of joint hybrid bus program
DETROIT,Mich,USA -The Detroit News/APress -Oct 30, 2005: -- General Motors Corp. and its partner in Shanghai agreed Saturday to work together to produce energy-efficient and environmentally friendly vehicles in China, according to a joint statement released by the companies... The agreement, signed in Shanghai by GM Chairman and CEO Rick Wagoner and Shanghai Automotive Industry Corp. Chairman Hu Maoyuan, calls for both companies to look into expanding their joint hybrid bus program to a larger fleet to serve the city of Shanghai... The partners also will pursue hybrid options for cars and hydrogen fuel cell technologies for use in China...
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