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General news

22 Jul 2016

BYD DIVERSIFIES IN CHINA'S MONORAIL MARKET

BYD DIVERSIFIES IN CHINA'S MONORAIL MARKET BYD Co says to be in talks with several of China's smaller cities on building monorail systems to pre-empt traffic congestion spurred by rapid growth in automobile ownership. Monorail systems are a potential 3 trillion yuan ($450 billion) market in China, based on an average 70-kilometer (43.5-mile) network in each of an estimated 300 cities, and will become a new major growth area for the company, according to Chairman Wang Chuanfu.



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21 Jul 2016

SOLARIS AND JBM GROUP ESTABLISH JOINT VENTURE IN INDIA

SOLARIS AND JBM GROUP ESTABLISH JOINT VENTURE IN INDIA Solaris Bus & Coach S.A. and Indian JBM Group have decided to establish a joint venture company in India. The strategic goals of the cooperation are development, sales and service maintenance of vehicles with alternative powertrains – electric and hybrid buses – for the Indian market. The JBM Solaris joint venture will be based in Delhi NCR, India and will capitalize on the strong reputation Solaris has developed as a provider of mass city transportation solutions and on JBM’s strength in the area of design and development to suit Indian requirements.



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