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Sweden/China: Volvo Buses/SAIC to form new JV

Volvo Buses and SAIC Motors have announced they have agreed to form a new joint-venture company which will be focused on driveline systems for new energy buses such as hybrids and electric buses. The new company, Shanghai Green Bus Drive System Co, will be 60% owned by SAIC and 40% Subscribe to Automotive World to … Continued

Volvo Buses and SAIC Motors have announced they have agreed to form a new joint-venture company which will be focused on driveline systems for new energy buses such as hybrids and electric buses. The new company, Shanghai Green Bus Drive System Co, will be 60% owned by SAIC and 40%

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https://www.automotiveworld.com/articles/86837-sweden-china-volvo-buses-saic-to-form-new-jv/

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