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Jiangling Motors Corporation Group
Jiangling Motors Corporation Group Co., Ltd. (JMCG) is a Chinese state-owned holding mostly operating in the automotive industry. It was established in 1947 and is headquartered in Nanchang, Jiangxi. JMCG has various production facilities and, through shareholdings, maintains partnerships with other automotive manufacturers including Ford, Isuzu and Changan. History On 8 April 1947, JMCG was established as Nanchang Automotive Maintenance Plant. In April 1949, Nanchang Automotive Maintenance Plant was renamed as Nanchang Automotive Repairing Plant. In May 1958, it produced Yingxiong-bagded () three-wheeled vehicles. In the same year, it produced a 2.5-tonne Yingxiong truck. In 1968, it was renamed Jiangxi Automotive Manufacturing Plant and started the mass-production of commercial vehicles, mostly Jinggangshan-badged () light trucks using 1940s Soviet technology. In 1969, it also produced a small number of cars. The company focused production on commercial vehicles, although it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a Government, 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 (economics), profit for the Government, government, control monopoly of the Private sector, 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 Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Special Economic Zone
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for being l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Vehicle
An electric vehicle (EV) is a vehicle that uses one or more electric motors for propulsion. It can be powered by a collector system, with electricity from extravehicular sources, or it can be powered autonomously by a battery (sometimes charged by solar panels, or by converting fuel to electricity using fuel cells or a generator). EVs include, but are not limited to, road and rail vehicles, surface and underwater vessels, electric aircraft and electric spacecraft. For road vehicles, together with other emerging automotive technologies such as autonomous driving, connected vehicles and shared mobility, EVs form a future mobility vision called Connected, Autonomous, Shared and Electric (CASE) Mobility. EVs first came into existence in the late 19th century, when electricity was among the preferred methods for motor vehicle propulsion, providing a level of comfort and ease of operation that could not be achieved by the gasoline cars of the time. Internal combustion engin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renault
Groupe Renault ( , , , also known as the Renault Group in English; legally Renault S.A.) is a French multinational automobile manufacturer established in 1899. The company produces a range of cars and vans, and in the past has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, and autorail vehicles. According to the Organisation Internationale des Constructeurs d'Automobiles, in 2016 Renault was the ninth biggest automaker in the world by production volume. By 2017, the Renault–Nissan–Mitsubishi Alliance had become the world's biggest seller of light vehicles. Headquartered in Boulogne-Billancourt, near Paris, the Renault group is made up of the namesake Renault marque and subsidiaries, Alpine, Renault Sport (Gordini), Automobile Dacia from Romania, and Renault Samsung Motors from South Korea. Renault has a 43.4% stake with several votes in Nissan of Japan, and used to have a 1.55% stake in Daimler AG of Germany, it was sold off in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Itochu
is a Japanese corporation based in Umeda, Kita-ku, Osaka and Aoyama, Minato, Tokyo. It is one of the largest Japanese ''sogo shosha'' (general trading companies). Among Japanese trading companies, it is distinguished by not being descended from a historical ''zaibatsu'' group, but by the strength of its textile business and its successful business operations in China. It has seven major operational divisions specializing in textiles, metals/minerals, food, machinery, energy/chemicals, general products/real estate, and ICT/financial business. Itochu was ranked 72nd on the 2020 list of Fortune Global 500 companies, with an annual trading revenue of US$100 billion. Itochu has been one of the most popular employers for graduates of top Japanese universities for over thirty years due to their high pay levels, stability and the diversity of opportunities available to employees. In 2019 and 2020, Itochu was ranked the most popular employer for college graduates. History P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Isuzu Elf
The is a medium duty truck produced by Isuzu since 1959. Outside Japan it is known as N series and Q Series. The range was originally mainly available in Japan and other Asian countries. Australia was another important market for the Elf and N series – to the extent that it was manufactured there from the 1970s using many local components. Since the early 1980s, it has also been sold and built in the United States (under the Chevrolet and GMC brand as a W-Series), and also as the Isuzu N-Series. Only North America receives the wide-cab version, competing with the Avia D90/D120, Hino Dutro, Hyundai HD65/HD72/HD78, Iveco Daily, Mazda Titan, Mercedes-Benz Vario, Mitsubishi Fuso Canter, Nissan Atlas, Renault D-Truck, Tata LPT 613, Toyota Dyna, and the ГАЗ-3310 Валдай. For the common Andinian market (including Chile and Peru), the truck has been assembled in the GM-Colmotores assembling plant in Bogotá, Colombia since 1991, with annual quantities already of 20,000 ... [...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 and ma ... [...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] |
Landwind
Landwind is an automobile marque owned by the Chinese automaker Jiangling Motor Holding (JMH), a joint venture between Jiangxi Guokong Automotive Investment Corporation (50%), Jiangling Motors Corporation Group (25%) and Changan Automobile (25%). History Landwind traces its origins back to 1998 when the then-chairman of JMCG, Sun Min, established Jiangling Lufeng (Landwind) Automobile Co., Ltd. His intention was to create an independent marque to strengthen JMCG's own technical development and reduce its dependence on Ford and Isuzu. While the cars would be designed by Lufeng, the production would be made on Isuzu's production lines. Ford opposed the project and it eventually was abandoned. Landwinds were on sale by 2002 and the marque was relaunched in November 2004 by Jiangling Motor Holding. The Landwind X5 debuted at the Guangzhou Auto Show in November 2012. Products Landwind's current range of products comprises the following models: *Landwind X2 (2017–present) – CUV ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chang'an Automobile Group
Chang'an Automobile Co., Ltd. is a Chinese state-owned automobile manufacturer headquartered in Jiangbei, Chongqing.China rolls out own hybrid car reuters.com, Sat December 15, 2007 1:44am EST Founded in 1862, it is China’s oldest automobile maker. It is currently the smallest of the " Big Four" state-owned car manufacturers of China, namely: , , |
Jiangling Holdings
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 200 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mixed Economy
A mixed economy is variously defined as an economic system blending elements of a market economy with elements of a planned economy, markets with state interventionism, or private enterprise with public enterprise. Common to all mixed economies is a combination of free-market principles and principles of socialism. While there is no single definition of a mixed economy, one definition is about a mixture of markets with state interventionism, referring specifically to a capitalist market economy with strong regulatory oversight and extensive interventions into markets. Another is that of active collaboration of capitalist and socialist visions. Yet another definition is apolitical in nature, strictly referring to an economy containing a mixture of private enterprise with public enterprise. Alternatively, a mixed economy can refer to a reformist transitionary phase to a socialist economy that allows a substantial role for private enterprise and contracting within a dominant econo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
