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Jiangling Motor Holding
Jiangling Holdings, also translated as Jiangling Motor Holding (JMH), is the name of two successive Jiangxi-based Chinese joint ventures focused on the automotive industry. The present Jiangling Holdings, established in June 2019 as a successor of the first one, is owned by state-controlled companies Jiangxi Guokong Automotive Investment Corporation (as majority holder), JMCG and Changan Auto. The first Jiangling Holdings was established in 2004 by JMCG and Changan as an equally-owned venture. History Old JMH The first Jiangling Motor Holding joint venture was established in October 2004 (incorporated in November) as an equally-owned one by the state-owned enterprises Changan and JMCG. To create Jiangling Motor Holding, Changan invested money and in exchange JMCG transferred its Jiangling Motors (JMC) equity to the venture. Jiangling Motor Holding was from then on the largest shareholder of JMC, with a 41.03% stake as of March 2018. JMH also owned the Landwind marque. Between 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jiangling Motors
Jiangling Motors Corporation Limited, abbreviated JMC, is a Chinese automobile manufacturer. According to company and press reports, the largest shareholder of JMC is Jiangling Investment, a company controlled equally by the state-owned enterprises Changan and Jiangling Motors Corporation Group (JMCG). History The history of Jiangling Motors Corporation (JMC) can be traced to a truck repair shop opened in Nanchang in 1947 which operated under the name Nanchang Motors Repair Factory. A JMC predecessor started assembling vehicles in 1968. The company was granted the approval of Jiangxi Province Economic Restructuring Commission to be reorganized to establish a joint stock limited company on February 20, 1993. JMC A shares and B shares were listed on Shenzhen Stock Exchange on December 1, 1993, and September 29, 1995, respectively. In the 1990s, Ford lost a bid against American rival General Motors for getting a joint venture deal with the Chinese manufacturer SAIC Motor. In 199 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vehicle Manufacturing Companies Established In 2019
A vehicle (from la, vehiculum) is a machine that transports people or cargo. Vehicles include wagons, bicycles, motor vehicles (motorcycles, cars, trucks, buses, mobility scooters for disabled people), railed vehicles (trains, trams), watercraft (ships, boats, underwater vehicles), amphibious vehicles (screw-propelled vehicles, hovercraft), aircraft (airplanes, helicopters, aerostats) and spacecraft.Halsey, William D. (Editorial Director): ''MacMillan Contemporary Dictionary'', page 1106. MacMillan Publishing, 1979. Land vehicles are classified broadly by what is used to apply steering and drive forces against the ground: wheeled, tracked, railed or skied. ISO 3833-1977 is the standard, also internationally used in legislation, for road vehicles types, terms and definitions. History * The oldest boats found by archaeological excavation are logboats, with the oldest logboat found, the Pesse canoe found in a bog in the Netherlands, being carbon dated to 8040 - ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vehicle Manufacturing Companies Established In 2004
A vehicle (from la, vehiculum) is a machine that transports people or cargo. Vehicles include wagons, bicycles, motor vehicles (motorcycles, cars, trucks, buses, mobility scooters for disabled people), railed vehicles (trains, trams), watercraft (ships, boats, underwater vehicles), amphibious vehicles (screw-propelled vehicles, hovercraft), aircraft (airplanes, helicopters, aerostats) and spacecraft.Halsey, William D. (Editorial Director): ''MacMillan Contemporary Dictionary'', page 1106. MacMillan Publishing, 1979. Land vehicles are classified broadly by what is used to apply steering and drive forces against the ground: wheeled, tracked, railed or skied. ISO 3833-1977 is the standard, also internationally used in legislation, for road vehicles types, terms and definitions. History * The oldest boats found by archaeological excavation are logboats, with the oldest logboat found, the Pesse canoe found in a bog in the Netherlands, being carbon dated to 8040 - ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Car Manufacturers Of China
A car or automobile is a motor vehicle with wheels. Most definitions of ''cars'' say that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people instead of goods. The year 1886 is regarded as the birth year of the car, when German inventor Carl Benz patented his Benz Patent-Motorwagen. Cars became widely available during the 20th century. One of the first cars affordable by the masses was the 1908 Model T, an American car manufactured by the Ford Motor Company. Cars were rapidly adopted in the US, where they replaced animal-drawn carriages and carts. In Europe and other parts of the world, demand for automobiles did not increase until after World War II. The car is considered an essential part of the developed economy. Cars have controls for driving, parking, passenger comfort, and a variety of lights. Over the decades, additional features and controls have been added to vehicles, making them progressively more complex. These i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aiways U5
The Aiways U5 ( zh, s=爱驰U5, hp=Aì Chí U5) is an all-electric battery-powered compact crossover SUV manufactured by the Chinese company Aiways. It is the first vehicle model from this manufacturer. The production model of the U5 was publicly unveiled at the 2018 Beijing Auto Show. The car was originally previewed as the Aiways U5 ion Concept in 2018. Production Aiways U5 is produced at the company’s manufacturing facility just outside Shangrao, China. Design The exterior styling of the U5 received an update in 2021 although the dimensions remained the same. Aiways has previously referred to the design as a “connection between modern craftsmanship and technology for the future”. The U5 exterior design has optimized aerodynamics to give a drag coefficient of 0.29. Powertrain and batteries The Aiways U5 has a 63kWh battery unit and a range of 400 km (410 km in standard trim) according to the WLTP cycle. The battery can be charged from 20% to 80% in 35 minut ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Energy Vehicle
A plug-in electric vehicle (PEV) is any road vehicle that can utilize an external source of electricity (such as a wall socket that connects to the power grid) to store electrical power within its onboard rechargeable battery packs, which then powers the electric motor and contributes to propelling the wheels. PEV is a subset of electric vehicles, and includes all-electric/battery electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs). ''See definition on pp. 2.'' Sales of the first series production plug-in cars began in December 2008 with the introduction of the plug-in hybrid BYD F3DM, and then with the all-electric Mitsubishi i-MiEV in July 2009, but global retail sales only gained traction after the introduction of the mass production all-electric Nissan Leaf and the plug-in hybrid Chevrolet Volt in December 2010. Plug-in electric cars have several benefits compared to conventional internal combustion engine vehicles. All-electric vehicles have lower operating a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aiways
Aiways Automobiles Company Ltd is a Chinese automobile manufacturer of electric cars founded in 2017. The Aiways name is derived from the phrase "Ai (meaning 'love' in Chinese) is on the way". History Aiways was founded by Fu Qiang (Samuel), former China sales chief of Volvo Cars, and Gary Gu in Shanghai in 2017. In August 2019, Aiways acquired a 50 percent stake in Chinese domestic automaker Jiangling Holdings. Jiangling was relaunched as a 50-25-25 three-way partnership with Aiways, Jiangling Motors Corporation Group and Changan Automobile. Aiways paid 1.75 billion yuan ($248 million) acquiring the stake, according to information disclosed by Changan Automobiles. The deal enables Aiways to obtain a license to produce EVs from China regulators and to use Jiangling's auto production plant to increase output. In June 2021, Aiways sold its JMH stake to Jiangxi Guokong Automotive Investment Corporation, a company controlled by Nanchang's municipality, while keeping the production ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jaguar Land Rover
Jaguar Land Rover Automotive PLC is the holding company of Jaguar Land Rover Limited (also known as JLR), and is a British multinational automobile manufacturer which produces luxury vehicles and sport utility vehicles. Jaguar Land Rover is a subsidiary of Tata Motors and has its head office in Whitley, Coventry, UK. The principal activity of Jaguar Land Rover Limited is the design, development, manufacture and sale of vehicles bearing the Jaguar and Land Rover marques. Both marques have long histories prior to their merger – Jaguar going back to the 1930s and Land Rover to the 1940s – first coming together in 1968 as part of the British Leyland conglomerate, later again independent of each other, and then as subsidiaries of BMW (in the case of Land Rover), and Ford Motor Company (Jaguar). In 2000, Rover Group was broken up by BMW and Land Rover was sold on to Ford Motor Company, becoming part of its Premier Automotive Group. Jaguar Land Rover has been a subsidiary o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and dev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nanchang
Nanchang (, ; ) is the capital of Jiangxi Province, People's Republic of China. Located in the north-central part of the province and in the hinterland of Poyang Lake Plain, it is bounded on the west by the Jiuling Mountains, and on the east by Poyang Lake. Because of its strategic location connecting the prosperous East and South China, it has become a major railway hub in Southern China in recent decades. As the Nanchang Uprising in 1927 is distinctively recognized by the ruling Communist Party as "firing the first gunshot against the evil Nationalists", the current government has therefore named the city since 1949 "the City of Heroes", "the place where the People's Liberation Army was born", and the most widely known "place where the military banner of the People's Liberation Army was first raised". Nanchang is also a major city, appearing among the top 150 cities in the world by scientific research outputs, as tracked by the Nature Index and home to Nanchang University ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automotive Industry
The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm. The word ''automotive'' comes from the Greek ''autos'' (self), and Latin ''motivus'' (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Sperry (1860-1930), first came into use with reference to automobiles in 1898. History The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, the world had 32,028,500 automobiles in use, and the U.S. automobile industry produced over 90% of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
