Gasgoo.com (Shanghai August 1) - Youngman Automobile will enter the new energy market by the end of the year, the Beijing Youth Daily reported today, citing a statement made by founder and CEO Pang Qingnian. "Youngman's new energy vehicle technology has already in the testing phase," Mr. Pang said. "Once it is ready for widespread use, [we] will make an announcement, which according to our plans should be within this year."
Mr. Pang (pictured) further explains the situation of Youngman's new energy vehicle projects. "Looking at the results of our current technological experiments, regardless of whether judging safety or convenience, our products are superior." "We may help usher in a new energy revolution," he confidently stated. However, Mr. Pang refused to comment on specific details, saying only that the technology was entirely independently researched and developed.
Some reports have hinted that Youngman will use capacitive battery technology. New energy technology will first appear in commercial vehicles, and later come to its passenger automobiles. Mr. Pang said that he believes that buses will be reliable for the manufacturer to show off the new technology.
