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Jiangling Motors Corporation Group
Jiangling Motors Corporation Group Co., Ltd. (JMCG) is a Chinese state-owned enterprise, state-owned holding mostly operating in the automotive industry. It was established in 1947 and is headquartered in Nanchang, Jiangxi. JMCG has various production facilities and, through shareholdings, maintains partnerships with other automotive manufacturers including Ford Motor Company, Ford, Isuzu and Changan Auto, Changan. History On 8 April 1947, JMCG was established as Nanchang Automotive Maintenance Plant. In April 1949, Nanchang Automotive Maintenance Plant was renamed as Nanchang Automotive Repairing Plant. In May 1958, it produced Yingxiong-bagded () three-wheeled vehicles. In the same year, it produced a 2.5-tonne Yingxiong truck. In 1968, it was renamed Jiangxi Automotive Manufacturing Plant and started the mass-production of commercial vehicles, mostly Jinggangshan-badged () light trucks using 1940s Soviet technology. In 1969, it also produced a small number of cars. The compan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Special Economic Zone
A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the country. SEZs are located within a country's national borders, and their aims include increasing trade balance, employment, increased investment, job creation and effective administration. To encourage businesses to set up in the zone, financial policies are introduced. These policies typically encompass investing, taxation, trading, quotas, customs and labour regulations. Additionally, companies may be offered tax holidays, where upon establishing themselves in a zone, they are granted a period of lower taxation. The creation of special economic zones by the host country may be motivated by the desire to attract foreign direct investment (FDI). The benefits a company gains by being in a special economic zone may mean that it can produce and trade goods at a lower price, aimed at being globally competitive. In some countries, the zones have been criticized for bei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Vehicle
An electric vehicle (EV) is a motor vehicle whose propulsion is powered fully or mostly by electricity. EVs encompass a wide range of transportation modes, including road vehicle, road and rail vehicles, electric boats and Submersible, submersibles, electric aircraft and electrically powered spacecraft propulsion, electric spacecraft. Early electric vehicles first came into existence in the late 19th century, when the Second Industrial Revolution brought forth electrification and mass utilization of DC motor, DC and AC motor, AC electric motors. Using electricity was among the preferred methods for motor vehicle propulsion as it provided a level of quietness, comfort and ease of operation that could not be achieved by the gasoline engine cars of the time, but range anxiety due to the limited energy storage offered by history of the battery, contemporary battery technologies hindered any mass adoption of private electric vehicles throughout the 20th century. Internal combustion ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renault
Renault S.A., commonly referred to as Groupe Renault ( , , , also known as the Renault Group in English), is a French Multinational corporation, multinational Automotive industry, automobile manufacturer established in 1899. The company currently produces a range of cars and vans. It has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, as well as autorail vehicles. Headquartered in Boulogne-Billancourt, near Paris, the Renault group is made up of the namesake Renault marque along with subsidiaries Automobiles Alpine, Alpine, Automobile Dacia, Dacia from Romania, and Mobilize (marque), Mobilize. It is part of Renault–Nissan–Mitsubishi Alliance (previously Renault–Nissan Alliance) since 1999. The French state and Nissan each own a 15% share of the company. Renault also has other subsidiaries such as RCI Banque (automotive financing), Renault Retail Group (automotive distribution), and Motrio (automotive parts). Renault has various joint ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Itochu
is a Japanese corporation based in Umeda, Kita-ku, Osaka and Aoyama, Minato, Tokyo, Aoyama, Minato, Tokyo. It is one of the largest Japanese ''sogo shosha'' (general trading and investment companies) distinguished by the strength of its textile business and its successful business operations in China. Itochu was ranked 72nd on the 2020 list of Fortune Global 500 companies, with an annual trading revenue of US$100 billion. Current business overview Itochu's business has eight major operational divisions, "Division Company". * Textile Company: Itochu trades in raw materials and finished apparel, and also has a brand business. It owns a portfolio of investments and rights in well-known fashion brands including Converse (shoe company), Converse, Hunting World, LeSportsac, Mila Schön and Paul Smith (fashion designer), Paul Smith. In 2018, Itochu acquired the Japanese Master License and exclusive distribution rights for the Laura Ashley plc, Laura Ashley brand. * Machinery Company: ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Isuzu Elf
The is a medium duty truck produced by Isuzu since 1959. Outside Japan it is known as N series and Q Series. The range was originally mainly available in Japan and other Asian countries. Australia was another important market for the Elf and N series – to the extent that it was manufactured there from the 1970s using many local components. Since the early 1980s, it has also been sold and built in the United States (under the Chevrolet and GMC (automobile), GMC brands as a W-Series), and also as the Isuzu N-Series. Only North America receives the wide-cab version. For the common Andinian market (including Chile and Peru), the truck has been assembled in the GM-Colmotores assembling plant in Bogotá, Colombia since 1991, with annual quantities already of 20,000 up to 60,000 units. Local assembly has been increasing because of increasing demand in the Colombian and neighboring markets. It carries "Tecnología Isuzu" (with Isuzu Technology) lettering. In Indonesia, Philippines an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Energy Vehicle
A plug-in electric vehicle (PEV) is any road vehicle that can utilize an external source of electricity (such as a wall socket that connects to the power grid) via an detachable power cable to store electrical energy within its onboard rechargeable battery packs, which will in turn power an electric traction motor that propel the vehicle's drive wheels. It is a subset of electric vehicles and includes all-electric/battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) ''See definition on pp. 2.'' both of which are capable of sustained all-electric driving within a designated range due to the ability to fully charge their batteries before a journey. Plug-in electric cars have several benefits compared to conventional internal combustion engine vehicles. All-electric vehicles have lower operating and maintenance costs, and produce little or no air pollution when under all-electric mode, thus (depending on the electricity source) reducing societal depe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aiways
Aiways Automobiles Company Ltd is a Chinese automobile manufacturer of electric cars founded in 2017. The Aiways name is derived from the phrase "Ai (meaning 'love' in Chinese) is on the way". History Beginnings Startup Aiways was founded by two Chinese entrepreneurs, Fu Qian and Gu Feng, in 2017 in Shanghai. From the very beginning, the goal was to develop a range of SUVs with electric drive. A study preview of the first production Aiways vehicle was the prototype U5 Ion Concept presented in November 2018, with plans to introduce the series character next spring. On the occasion of the first study, Aiways announced sales plans concerning not only the domestic Chinese market, but also European. In line with previous announcements, the first production car of the Aiways brand was the mid-size SUV U5 presented in March 2019. In January 2020, Aiways announced the official European debut of the U5 at Geneva Motor Show 2020, thus becoming the first fully Chinese brand to offi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Landwind
Landwind was an automobile marque owned by the Chinese automaker Jiangling Holdings, Jiangling Motor Holding (JMH), a joint venture between Jiangxi Guokong Automotive Investment Corporation (50%), JMCG, Jiangling Motors Corporation Group (25%) and Changan Automobile (25%). History Creation and early years Landwind traces its origins back to 1998 when the then-chairman of JMCG, Sun Min, established Jiangling Lufeng (Landwind) Automobile Co., Ltd. His intention was to create an independent marque to strengthen JMCG's own technical development and reduce its dependence on Ford Motor Company, Ford and Isuzu. While the cars would be designed by Lufeng, the production would be made on Isuzu's production lines. Ford opposed the project and it eventually was abandoned. Landwinds were on sale by 2002 and the marque was relaunched in November 2004 by Jiangling Holdings, Jiangling Motor Holding. The Landwind X5 debuted at the Guangzhou Auto Show in November 2012. Conflict with JLR In 2005 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chang'an Automobile Group
Changan Automobile Co., Ltd. (CCAG) is a Chinese state-owned automobile manufacturer headquartered in Jiangbei, Chongqing.China rolls out own hybrid car reuters.com, Sat December 15, 2007 1:44am EST Changan Automobile traces its origins back to 1862 when set up a military supply factory, the Shanghai Foreign Gun Bureau. It was not until 1959 when the factory was repurposed to manufacture the Changjiang Type 46 Jeep that it became an automobile manufacturer. The company produces and sells vehicles under its own branding, such as Changan, Deepal, [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jiangling Holdings
Jiangling Holdings, also translated as Jiangling Motor Holding (JMH), is the name of two successive Jiangxi-based Chinese joint ventures focused on the automotive industry. The present Jiangling Holdings, established in June 2019 as a successor of the first one, is owned by state-controlled companies Jiangxi Guokong Automotive Investment Corporation (as majority holder), JMCG and Changan Auto. The first Jiangling Holdings was established in 2004 by JMCG and Changan as an equally-owned venture. History Old JMH The first Jiangling Motor Holding joint venture was established in October 2004 (incorporated in November) as an equally-owned one by the state-owned enterprises Changan and JMCG. To create Jiangling Motor Holding, Changan invested money and in exchange JMCG transferred its Jiangling Motors (JMC) equity to the venture. Jiangling Motor Holding was from then on the largest shareholder of JMC, with a 41.03% stake as of March 2018. JMH also owned the Landwind marque. Between 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mixed Economy
A mixed economy is an economic system that includes both elements associated with capitalism, such as private businesses, and with socialism, such as nationalized government services. More specifically, a mixed economy may be variously defined as an economic system blending elements of a market economy with elements of a planned economy, markets with state interventionism, or private enterprise with public enterprise. Common to all mixed economies is a combination of free-market principles and principles of socialism. While there is no single definition of a mixed economy, one definition is about a mixture of markets with state interventionism, referring specifically to a capitalist market economy with strong regulatory oversight and extensive interventions into markets. Another is that of active collaboration of capitalist and socialist visions. Yet another definition is apolitical in nature, strictly referring to an economy containing a mixture of private enterp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
