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China: China Development Bank to finance Volvo R&D

Volvo Car Corporation has signed a Memorandum of Understanding (MoU) with China Development Bank Corporation. Under the agreement, the two companies will investigate the possibility of China Development Bank financing certain Volvo research and development projects focusing on energy-efficient technology. Financing could also support Volvo production facilities in China. “The main Subscribe to Automotive World … Continued

Volvo Car Corporation has signed a Memorandum of Understanding (MoU) with China Development Bank Corporation. Under the agreement, the two companies will investigate the possibility of China Development Bank financing certain Volvo research and development projects focusing on energy-efficient technology. Financing could also support Volvo production facilities in China.

“The main

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https://www.automotiveworld.com/articles/93406-china-volvo-car-china-development-bank-sign-mou/

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