All wanxiang articles

  • karma.automotiveIT

    Wanxiang gets Chinese permission to build Karma EVs


    The Karma Revero is a plug-in hybrid sports car based on the Fisker Karma (Photo; Karma Automotive) (Bloomberg) --Wangxiang Group, the owner of Karma Automotive, became the second auto-parts maker to receive permission from China's top economic planner to produce electric cars under a special scheme to encourage companies ...

  • A123.automotiveIT

    China's Wanxiang plans controversial A123 investment


    A123 makes lithium-ion batteries for passenger cars as well as other battery storage devices (Photo: A123) China's Wanxiang plans to invest up to 450 million dlrs in A123, providing a financial lifeline to the embattled US battery maker. Under the terms of a non-binding memorandum of understanding between the two ...