Production - China - 'Green' electric buses on track for Olympics
YANTAI, Shadong,China -China Daily, by Ju Chuangjiang and Zhu Chengpei 1 Nov 2005: -- Construction on the first factory to build environment friendly electric buses is under way in this coastal city in East China's Shandong Province... With an investment of 250 million yuan (US$30.9 million) in the first phase of the project, the first bus should roll off the assembly line late next year, said Xie Rongan, chairman of the Yantan-based China-Rising Motors Tech Zone Co Ltd... Almost two months of tests have shown no big problems. "We haven't received any complaints from passengers," Jiang said... Tests showed energy costs for the new buses are only one third of costs for those using gas... An annual turnout of 12,000 buses is expected to reach an output value of 15 billion yuan (US$1.9 billion) when completed... The buses are highly valued by 'green' experts and are expected to replace public buses, trolleybuses and tramcars operating in downtown areas in Chinese cities...
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