Foton

CAVAN AUTO Officially Launched with the Mission of "One Mile One Smile"

Retrieved on: 
Tuesday, February 20, 2024
NEVS, Transport, Carbon, RE, NEV, Foton, Partnership, Renewable energy

By leveraging advanced renewable energy (RE) technologies, CAVAN is dedicated to delivering value to customers worldwide, introducing innovative RE solutions, and leading the charge towards a carbon-neutral future in transportation.

Key Points: 
  • By leveraging advanced renewable energy (RE) technologies, CAVAN is dedicated to delivering value to customers worldwide, introducing innovative RE solutions, and leading the charge towards a carbon-neutral future in transportation.
  • CAVAN strategically embraces both pure electric and hydrogen fuel cell technologies, focusing on three major platform products: commercial vans, light duty commercial vehicles, and heavy duty commercial vehicles.
  • CAVAN prioritizes customer-centric value with comprehensive RE solutions, addressing user needs in vehicles, intelligent mobility, charging, and energy management.
  • Dedicated to its "One Mile One Smile" mission, CAVAN strives to exceed expectations with smart vehicle services, leading in platform and RE technologies, and fostering a progressive, sustainable business model within a green energy ecosystem.

Wuling Motors' New Energy Vehicle Business Thrives as Product Upgrading Releases Transformation Potential

Retrieved on: 
Thursday, August 24, 2023
Learning, Wuling Motors, Tourism, NEVS, Policy, BAIC, Golf, BYD, SUV, Engine, GWM, Bank of China, Climate change, Foton, Logic, Sport, Growth, Bank, Automotive industry, Renewable energy

It is particularly noteworthy that the company's new energy vehicle (NEV) business saw its proportion rise steadily and also performed well in overseas market expansion, with huge business potential.

Key Points: 
  • It is particularly noteworthy that the company's new energy vehicle (NEV) business saw its proportion rise steadily and also performed well in overseas market expansion, with huge business potential.
  • As the NEV industry develops rapidly, product upgrading and innovation are becoming new driving forces for the future growth of Wuling Motors.
  • In terms of new business expansion, Wuling Motors has become a component supplier of, GWM, Foton, Hozon, and BAIC, among others.
  • For further expansion and diversification, Wuling Motors continues to carry out various business expansion plans and promote its components to other customers.

Nuevo Leon Modernizes Public Transportation with Allison Transmission-Equipped Compressed Natural Gas Buses

Retrieved on: 
Tuesday, April 25, 2023
Engineering, Automotive Manufacturing, EV, Electric Vehicles, Manufacturing, Aftermarket, Alternative Vehicles, Fuels, Automotive, Alternative Energy, Energy, Transport, Environment, Public Transport, Other Automotive, Green Technology, Maintenance, Partnership, BCI, Original equipment manufacturer, Quality of life, Multimedia, Nuevo, Dominican Republic, Natural gas, Series, Allison Transmission, CNG, Rail transport, Foton

Through its partnership with Foton, an international commercial vehicle manufacturer headquartered in Beijing, China, Allison Transmission is providing the propulsion solution for 400 Foton AUV compressed natural gas (CNG) buses being exported to Nuevo Leon, Mexico, to aid in the state’s plan to modernize public transportation.

Key Points: 
  • Through its partnership with Foton, an international commercial vehicle manufacturer headquartered in Beijing, China, Allison Transmission is providing the propulsion solution for 400 Foton AUV compressed natural gas (CNG) buses being exported to Nuevo Leon, Mexico, to aid in the state’s plan to modernize public transportation.
  • In China last year, Allison realized double digit growth in export bus sales.
  • “We’re proud to collaborate with Foton to support Nuevo Leon in its efforts to improve quality of life for transit passengers by providing a cleaner transportation option that will support sustainability initiatives.”
    Equipped with an Allison Torqmatic® Series fully automatic transmission and a Cummins engine, the Foton buses are powered by CNG.
  • For more information on the benefits of Allison transmissions and how they optimize the performance of natural gas vehicles, please visit allisontransmission.com .

FOTON Announced its New Energy Strategy 2.0

Retrieved on: 
Tuesday, April 25, 2023
EU, Marketing, Intelligence, Research, WVTA, Carbon, New energy, Certification, Solar energy, Architecture, Ecology, Olympic Games, Conference, Renewable energy, Foton

BEIJING, April 25, 2023 /PRNewswire/ -- FOTON held the New Energy Vehicle Conference on April 13th in Beijing, announcing the company's upgrade of its new energy vehicle strategy to 2.0 from 2023.

Key Points: 
  • BEIJING, April 25, 2023 /PRNewswire/ -- FOTON held the New Energy Vehicle Conference on April 13th in Beijing, announcing the company's upgrade of its new energy vehicle strategy to 2.0 from 2023.
  • With the New Energy 30•50 business strategy, FOTON aims to have new energy vehicles account for more than 50% of its total sales by 2030 and become a world-class new energy commercial vehicle enterprise.
  • Chang Rui, the chairman of FOTON stated that the company regards the new energy strategy as its primary development strategy, and it invests in the new energy main track, accelerating development around the full value chain, including investment, research and development, supply chain, business models, and marketing ecology.
  • With a sales target of 150,000 new energy vehicles by 2025, FOTON will initially establish a new energy ecological closed-loop system of "vehicle + charging pile + solar energy + storage + cargo + intelligence".

FOTON Announced its New Energy Strategy 2.0

Retrieved on: 
Tuesday, April 25, 2023
EU, Marketing, Intelligence, Research, Multimedia, WVTA, Carbon, New energy, Certification, Solar energy, Architecture, Ecology, Olympic Games, Conference, Renewable energy, Foton

BEIJING, April 25, 2023 /PRNewswire/ -- FOTON held the New Energy Vehicle Conference on April 13th in Beijing, announcing the company's upgrade of its new energy vehicle strategy to 2.0 from 2023.

Key Points: 
  • BEIJING, April 25, 2023 /PRNewswire/ -- FOTON held the New Energy Vehicle Conference on April 13th in Beijing, announcing the company's upgrade of its new energy vehicle strategy to 2.0 from 2023.
  • With the New Energy 30•50 business strategy, FOTON aims to have new energy vehicles account for more than 50% of its total sales by 2030 and become a world-class new energy commercial vehicle enterprise.
  • Chang Rui, the chairman of FOTON stated that the company regards the new energy strategy as its primary development strategy, and it invests in the new energy main track, accelerating development around the full value chain, including investment, research and development, supply chain, business models, and marketing ecology.
  • With a sales target of 150,000 new energy vehicles by 2025, FOTON will initially establish a new energy ecological closed-loop system of "vehicle + charging pile + solar energy + storage + cargo + intelligence".

With Innovation-driven Quality, Sustainable Development, Wuling Motors(00305.HK)Returns to Profitability in 2022

Retrieved on: 
Friday, March 31, 2023
Acceleration, UOM, Wuling Motors, Cabin, NEV, Intelligence, Research, BYD, Golf, Carbon, Recycling, History, Sulfur dioxide, Engine, Atkinson, Coal, GWM, Car, Foton, Hozon, Growth, Wuling, Ecology, R, Transport, L4, RMB, Automation, D, Renewable energy, Automotive industry, Rail transport, Chery

Amidst changes in its internal and external environments, Wuling Motors Holdings Limited (the "Company" or "Wuling Motors",Stock Code:00305.HK) has shown remarkable innovation in leading the way toward high-quality development.

Key Points: 
  • Amidst changes in its internal and external environments, Wuling Motors Holdings Limited (the "Company" or "Wuling Motors",Stock Code:00305.HK) has shown remarkable innovation in leading the way toward high-quality development.
  • Faced with innovation and change in the global automotive industry, Wuling Motors actively seeks breakthroughs to achieve high-quality development.
  • Overseas business is also an important area for Wuling Motors to accelerate its layout in 2022.
  • Regarding carbon emission reduction, Wuling Motors achieved a significant reduction in 2022 by using 4,447.64 MWh of clean photovoltaic energy.

American Wealth Mining Corporation to Fully Transition to Renewable Vehicles and Sustainable Investments With New Corporate Name and Identity as New Energy CV Corporation

Retrieved on: 
Thursday, March 9, 2023
GHG, USD, Growth, Foton, AWM, Traction, Investment, OEM, JV, OTC, Greenhouse gas, Renewable energy, New energy

LAS VEGAS, NV, March 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – American Wealth Mining Corporation  (OTC:HIPH) ("AWM" or the "Company”) is pleased to announce that its Board of Directors has approved the Company’s strategic shift towards sustainable electric construction vehicles, furthering the Company’s focus on its investment and joint venture agreement with New Energy Asia Pacific Co. LTD (“New Energy”) to have exclusive distribution rights in the US, Australia, Korea, Dubai, Indonesia, Singapore, and Malaysia for electric construction vehicles.   

Key Points: 
  • The electric construction industry is still very nascent, as not one player has established itself in the market.
  • These regulations, coupled with the worldwide increase in  infrastructure development, is causing this sector to markedly increase in size.
  • New Energy offers a comprehensive offering of electric construction vehicles, offering eTech electric excavators, wheel loaders and vans, and Foton electric dump trucks and electric mixers.
  • The JV with New Energy allows us the opportunity to capitalize off this emerging market (electric construction vehicles) by capturing the global demand for sustainable construction and manufacturing.

American Wealth Mining Corp Increases Involvement in New Energy Pacific After Finalizing JV Agreement for Worldwide Distribution of Electric Construction Vehicles

Retrieved on: 
Wednesday, January 18, 2023
EV, Term sheet, Foton, OTC, Credit, AWM, Etech Global Services, Science and technology in Asia, P&L, Sheet, Health, Growth, Acquisition, JV, USD, Renewable energy, New energy

New Energy is a Hong Kong corporation that provides various types of electric construction vehicles, to distribute electric construction vehicles globally.

Key Points: 
  • New Energy is a Hong Kong corporation that provides various types of electric construction vehicles, to distribute electric construction vehicles globally.
  • The Convertible Credit Facility will allow the Company to own over 40% of New Energy.
  • New Energy is currently the exclusive distributor of eTech and Foton electric construction vehicles in Hong Kong.
  • In December 2022, the Company announced that it had entered into an LOI to create the JV with New Energy.

Latin America Bus Industry Forecast to 2030 - Sustainability Targets in Municipalities and Electromobility Laws Fuel the Shift Toward Alternative Powertrain Buses - ResearchAndMarkets.com

Retrieved on: 
Friday, January 6, 2023
Transport, Public Transport, Ecosystem, Original equipment manufacturer, Transport, BYD, EVS, City, Growth, Lifting, Maintenance, MAN, NG, Hydrogen, Daimler, Foton, Airline, Motor vehicle, LATAM, European

The "LATAM Bus Industry, Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "LATAM Bus Industry, Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
  • Fleet renewal and electromobility laws will drive growth in the coming decade.
  • There has been a revival in passenger transportation following the lifting of COVID-19-induced movement restrictions.
  • The choice of alternative powertrains varies across countries, depending on their oil imports, natural gas reserves, established funding and bus operation models, electromobility laws, and focus on hydrogen.

American Wealth Mining Corp Signs LOI to Enter Into JV for Worldwide Distribution of Electric Construction Vehicles

Retrieved on: 
Wednesday, December 14, 2022
Science and technology in Asia, EV, Health, AWM, Etech Global Services, OTC, Foton, Energy Independence and Security Act of 2007, MOU, Joint venture, USD, Private, Investment, JV, Renewable energy, Management, New energy

Demand for electric construction vehicles is at an all-time high and is further fuelled by lower operating costs (up to 40%) and government incentives.

Key Points: 
  • Demand for electric construction vehicles is at an all-time high and is further fuelled by lower operating costs (up to 40%) and government incentives.
  • New Energy offers the brands eTech electric excavators and wheel loaders, and Foton electric dump trucks and electric mixers.
  • In Hong Kong alone, New Energy is projecting to deliver over 300 vehicles in 2023 and 500 in 2024.
  • There is tremendous untapped potential in the construction EV market; unlike the consumer EV sector, the construction market is relatively nascent.