GM, SAIC to Pursue Joint Development of Clean Vehicles in China

Joint Development and Commercialization of Hybrid, Fuel-Cell Vehicles Planned

SHANGHAI, China – General Motors Corp. and Shanghai Automotive Industry Corp. Group signed an agreement today to jointly pursue the development and commercialization of hybrid and fuel-cell vehicles in China. The agreement is the first of its kind between a global and Chinese automaker.

The partners intend to:
Develop local engineering capability for clean-energy vehicles.
Promote the development of a Chinese hydrogen infrastructure.
Contribute to the formulation of relevant regulations and policies by the Chinese government.
Promote general awareness of the future of advanced vehicle technology in China.

Link GM Media Online
via Mike Millikin