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JAC, Hybrid Kinetic sign new energy JV deal

Shanghai, August 4 (Gasgoo.com) JAC and Tianjin-based HKMC Equity Investment Fund Management Co., Ltd., a wholly-owned subsidiary of Hong Kong's Hybrid Kinetic Motors Corporation (HKMC), signed a letter of intent yesterday for the no less than 2 billion yuan ($295 million) joint venture deal on new energy vehicles, JAC said in a statement today.

Sep. 16 , 2010
JAC to open assembly plant in RussiaSep. 12 , 2010
JAC's international expansion goes well Aug. 27 , 2010
JAC goes Pure Electric with YueYue and Tongyue
JAC joins rush toward 'green' vehicles
JAC produces 3 cylinder 1.0L VVT engine
VW's talks with Jacoby said to focus on obligationsJun. 26 , 2010
JAC to launch dual-clutch automatic transmission in 2013Jun. 17 , 2010
JAC finalizing truck JV deal with Caterpillar, NavistarJun. 11 , 2010
JAC light-duty truck sales to break 1 mln-unit mark
Chery, JAC rank 10th, 11th in China's top 30 auto firms
China's JAC eyes car assembly plant in Slovakia
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