plus 4, Town asks state to keep Alamo Lake Park open - Wickenburg Sun |
- Town asks state to keep Alamo Lake Park open - Wickenburg Sun
- ZAP, Jonway Partner to Target China Electric SUV Market - Yahoo Finance
- US Military Adds Heavy Trucks Under FHTV-III - Defense Industry Daily
- ZAP, Jonway Partner to Target China Electric SUV Market Companies ... - PR Inside
- Gentex Shipping Auto-Dimming Mirrors for All-New 2010 Suzuki Kizashi - Stockhouse
| Town asks state to keep Alamo Lake Park open - Wickenburg Sun Posted: 21 Jan 2010 11:14 AM PST Click ads for more information Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. This posting includes an audio/video/photo media file: Download Now |
| ZAP, Jonway Partner to Target China Electric SUV Market - Yahoo Finance Posted: 21 Jan 2010 10:10 AM PST SANTA ROSA, CA and TAIZHOU, CHINA--(Marketwire - 01/21/10) - US electric vehicle pioneer ZAP (OTC.BB:ZAAP - News) and China auto manufacturer Zhejiang Jonway Automobile Co. Ltd. announced a commercial agreement to produce electric sport utility vehicles (SUVs), cars and other electric vehicles in China for domestic and global distribution. ZAP and Jonway partnered on the production of the 5-door Jonway A380 SUV, integrating the latest AC propulsion and lithium battery system technologies to produce a high performance mid-range electric vehicle (EV) that ZAP intends to offer to the fleet market in China. Jonway currently manufactures several thousand units per month of its A380 compact SUV in 3- and 5-door models and is expanding its product line with new model sedans and other automobiles. The agreement with Jonway is part of a multi-phase business plan ZAP is implementing to target the China electric vehicle market. ZAP chose the Jonway partnership in part because last year Jonway produced one of the first vehicles made in China to meet international standards of quality, including ISO 9000, China Compulsory Certification (CCC) and most recently passing certification for import to the European Union. The Taizhou-based automaker markets and sells vehicles in China through a network of over 600 auto dealerships. Jonway has the capacity to produce up to 50,000 vehicles per year currently at its facilities in Taizhou with capacity and support from the government to expand as the business scales. ZAP and Jonway believe the partnership will leverage ZAP's long-standing history in electric vehicles, experience in systems integration and worldwide sales for a broad range of EVs. Under the exclusive agreement, ZAP and Jonway take the electric drive systems designed by ZAP and integrate them into the reengineered EV SUV that will be produced by Jonway. ZAP will perform research and development of the core technology in Santa Rosa, California and license the technology for this partnership. ZAP and Jonway will jointly market and sell electric vehicles in China, North America and Europe to broaden market reach. In 2009, China overtook the United States as the world's largest automobile market with sales increasing 46 percent from 2008 to 13.6 million vehicles in 2009, according to the China Association of Automobile Manufacturers. ZAP hopes to leverage a stimulus from the government for plug-in forms of transportation. The Chinese State Council General Office announced that it intends to raise its annual production capacity to 500,000 all-electric cars, hybrids and buses by the end of 2011. To stimulate the growth, China's Economic Construction Department has put in place a 60,000 RMB, approximately US$8,800, manufacturers subsidy per electric vehicle produced and sold in China. About Jonway Jonway is the trade name of Zhejiang Jonway Automobile Co., Ltd., an automobile manufacturer based in Taizhou, Zhejiang, China that currently produces two SUV models, the A380 3-door and the A380 5-door configurations. Zhejiang Jonway Auto is a subsidiary of Jonway Group, which has been a leader in the manufacturing of motorcycles, ATVs and related products for more than 20 years. In 2009, the Company sold more than 120,000 vehicles internationally in the European Union and the United States and has a capacity to build up to 400,000 vehicles annually. The Company recently began producing electric motorcycles and related vehicles. Jonway Group and its subsidiaries also produce motor parts, light building materials, air-compressors and plastic components while managing a portfolio of real estate holdings. Jonway Group owns several manufacturing subsidiaries throughout China with a total manufacturing space of 57.3 hectares employing more than 1,000 personnel. About ZAP ZAP is one of the world's oldest electric vehicle providers, having delivered over 117,000 of a broad range of vehicles to more than 75 countries since 1994. ZAP supplies electric trucks and vans to military, government and corporate fleets and is an innovator of electric motorcycles, scooters and ATVs. The Santa Rosa, California based company offers some of the only electric city-speed cars and trucks in production today and is leveraging its accrued technology know-how in developing a cost effective high-speed electric car called the ZAP Alias. For further information visit http://www.zapworld.com. Safe Harbor Statement This press release contains forward-looking statements. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of ZAP's products, increased levels of competition, new products and technological changes, ZAP's dependence upon third-party suppliers, intellectual property rights and other risks detailed from time to time in the ZAP's periodic reports filed with the Securities and Exchange Commission. Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1158269 Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| US Military Adds Heavy Trucks Under FHTV-III - Defense Industry Daily Posted: 21 Jan 2010 09:05 AM PST With its bridge buy of FMTV medium trucks in place and the re-compete proceeding, and initial awards for the potential JLTV Hummer replacement designs underway, the next order of business on the US Army's agenda was a new Family of Heavy Tactical Vehicles multi-year contract: FHTV-III. Oshkosh has provided the core of this capability for over 20 yeas now. Its Heavy Expanded Mobility Tactical Trucks (HEMTT) and their 13-ton payloads are the mainstay of the FHTV fleet, serving in variants that include M977/985 Cargo, M978 Fueler, M982/983 Tractors, and M984 Wrecker/Tow; they also serve as heavy transporters for Patriot and THAAD air defense systems. M1074/75 Palletized Load Systems (PLS) and PLS trailers (PLST) are best known for their automated container/pallet loading arms, and for their Universal Power Interface Kit (UPIK) that can add modules for firefighting, construction, cranes, et. al. The M1000/1070 Heavy Equipment Transporters (HET) are flatbeds that can transport a 70-ton Abrams tank – or anything less – in order to save wear and tear on expensive armored vehicles and on the roads. A specialized FHTV truck called the M1977 CBT can even lay bridges. Now the multi-billion dollar FHTV-III contract has been awarded – not as a re-compete like FMTV, but as a single solicitation. The latest award involves axle and engine contracts for the HEMTTs and HETs… FHTV: Upgrades, LTAS, and RECAP Most of the US Army's HEMTT trucks are the A2 version; Oshkosh celebrated the delivery of the 20,000th HEMTT truck on Feb 14/08. The HEMTT A4 is the latest improvement to the line. HEMTT A4 will be produced in several models, including the M997A4 cargo truck, the M978A4 fuel servicing truck (tanker), the M1120A4 load handling system variant, M982A4 and M983A4 tractors for use as tractor-trailers, and an M984A4 recovery truck fitted with cranes and winches. The hybrid drive HEMTT A3 variant is still in development. It claims to offer the same 13-ton cargo capacity and C-130 transportability, with a 20% improvement in fuel economy thanks to diesel-electric propulsion. Its configuration also gives the vehicle an on-board generator that can export 100 kW of military-grade power to power devices, weapons and sensors, or even a small remote installation. The A3's electrical power potential was attractive to Raytheon's Mobile Centurion prototype, for instance, which mounts a modified Phalanx radar-guided, electrically-driven 20mm gatling gun turret on the truck in order to shoot down incoming mortars, rockets, and artillery rounds. The new HEMTT A4 production variants feature a 500 hp Caterpillar C-15 engine, an Allison 4500 SP/5-speed automatic transmission, rated for 600 hp, power-train upgrades to 1,750 pounds of torque, suspension upgrades, and major changes and additions to the cab. The HEMTT A4 shares common cab, parts, and support with the new palletized load system (PLS-A1) truck, reducing the need for separate spares. An improved climate control system that can handle tropical conditions is built into that cab, rather than requiring a retrofit as is the case for the HEMTT A2s. The new HET A1 features numerous upgrades to the M1070 HET, including a 700-horsepower engine and an Allison 4800SP transmission, as well as improved seats, standard air conditioning and an available 3rd door. HET trucks often use the the M1000 heavy-duty trailer, as in the picture above. Many of these upgrades actually revolve around the US Army's Long Term Armor Strategy (LTAS). This LTAS-A armor can be augmented with a standardized, bolt-on LTAS-B kit for greater protection, and an integrated mounting allows fast installation of a protected gunner position (GPK) and machine-gun mount on the cab roof. HEMTT-A4 and their forthcoming companions the PLS-A1 and HET-A1 will come off the assembly line fitted with upgraded suspensions, the engine improvements noted above, different cab designs, and integral composite armor. Oshkosh Defense's director, Army Tactical Vehicle Programs Mike Ivy is quoted in AUSA's April 2008 article as saying that Israeli firm Plasan Sasa played a large role on designing the FHTV LTAS-B armoring kit, but Finmeccanica's DRS will be the main supplier for the program. The Army's new medium FMTV-A1P1 trucks that are currently produced by BAE Systems have their own LTAS-A and LTAS-B kits, extending the LTAS up-armoring approach across the US Army's entire truck fleet. LTAS-related changes aren't the only updates under consideration. A J1939 databus gives the new HEMTT trucks the same kinds of capacity for self-diagnosis and automated troubleshooting that the FMTV medium truck fleet has used so effectively. C4ISR updates are also under consideration. Ivy: "We are installing in one of our prototype trucks, located at Aberdeen Proving Ground, Md., a number of installation kits for the suite of C4ISR [command, control, communications, computers, intelligence, surveillance and reconnaissance] systems that soldiers expect to see in vehicles today…. That includes things like the Movement Tracking System, GPS, Battle Command System [DID: Blue force Tracker] the whole suite of systems that gives the soldier increased situational awareness. Although there is nothing inherent in the A4 for the Future Combat System-equipped brigade, it could easily be adapted to that, given the right installation kits." The integration of the installation kits by Oshkosh will allow the Army to test a range of potential C4ISR capabilities for the new platforms." Some FHTV-III orders are defined as RECAP orders, however, and won't be new build machines. RECAP is part of the US Army's planned sustainment triad of RESET, RECAP, and Replace. Recapitalization is depot-level maintenance activity that completely rebuilds the vehicles from the frame up, inspecting all parts and replacing worn items, while adding selected enhancements to benefit from more modern parts and technologies. Under the HEMTT overhaul/ remanufacturing contract, for instance, Oshkosh integrates LED marker lights, two-piece wheels, engine and transmission upgrades, and air ride seats. Ancillary equipment such as cargo bodies, cranes, and fifth wheels are also overhauled and reassembled for use on the remanufactured vehicles. The tires and all electronics, such as wire harnesses, gauges, etc. are replaced with new. The vehicles are reassembled on the same integrated vehicle assembly line as a new truck, with a new "zero hours/zero miles" bumper-to-bumper warranty. All at significant savings over the cost of building a new vehicle. All contracts are issued to Oshkosh Corp. in Oshkosh, WI, and managed by the U.S. Army's Tank-automotive and Armaments Command (TACOM) in Warren, MI, unless the entry says otherwise. Jan 21/10: Oshkosh announces 4 awards from the US Defense Logistics Agency, valued at $89 million, for its M-ATV MRAPs and FHTV trucks. When asked, Oshkosh representatives break out the contracts, explaining that the contract for 2,400 HEMTT A2 and A4 axle assemblies is worth over $25 million, and the contract for "more than" 430 HET engines is worth over $13 million. Work under these orders is expected to be complete by December 2010. Jan 6/09: Oshkosh Defense and Boeing announce that the HEMTT A4 has been selected as the platform for the U.S. Army's High Energy Laser Technology Demonstrator (HEL TD) program. Boeing officials received the HEMTT A4 in December 2009 , and integration of the HEL TD system will begin in spring 2010 at Boeing's Huntsville, AL facility. With its critical design review complete, Boeing will now attempt to build a rugged beam control system on the widely used truck. The beam control system includes mirrors, high-speed processors and high-speed optical sensors for the electrically powered, solid state laser. The system must acquire, track, and select an aimpoint while the system receives the laser beam from the laser device, them reshape and align the beam, and focus it on the target. Boeing completed a vehicle trade study for HEL TD, and identified the HEMTT A4 as the best solution for this demonstrator phase. Boeing representatives added that the hybrid drive HEMTT A3 is a viable candidate for the future objective system if it's fielded, and that its extra onboard power capacity would be seen as a plus. Boeing release | Oshkosh release. Dec 29/09: A $258.4 million firm-fixed-price contract for 728 new M1075 Palletized Load System (PLS) trucks (W56HZV-09-D-0024). Work is to be performed in Oshkosh, Wis., with an estimated completion date of Sept 30/12. Dec 29/09: A $31.9 million firm-fixed-price requirements contract to change another 728 M1075 PLS trucks from the A0 configuration to the A1 configuration. Work is to be performed in Oshkosh, WI, with an estimated completion date of Sept 30/12. As noted above, the PLS A1 is the most current design, with a Long Term Armor Strategy (LTAS)-compliant cab, a 600-hp engine, the Oshkosh-patented TAK-4® independent front suspension, and a demountable flatrack cargo bed with 16.5-ton payload capacity. See also Oshkosh release. Dec 29/09: Oshkosh received a $31.75 million firm-fixed-price requirements contract for the purchase of 110 new M977 HEMTT A4 trucks under the existing FHTV-III contract (W56HZV-09-D-0024). Work is to be performed in Oshkosh, WI, with an estimated completion date of Sept 30/12. Dec 18/09: Oshkosh Defense announces a $56 million delivery order from US Army TACOM LCMC, to supply the Army with the first set of 207 M983 HEMTT A4 Light Equipment Transporters (LET). The LETs have a special "hitch" for trailers, etc., and already serve in the HEMTT A2 configuration. These are the first A4 configuration vehicles for this model. Unusually, the Oshkosh announcement precedes the Pentagon's Dec 29/09 announcement of this $56.4 million firm-fixed-price requirements contract. Work is to be performed in Oshkosh, WI, with an estimated contract completion date of Sept 30/12. Production and delivery is expected to be complete in September 2010. The award brings the U.S. Army's total Family of Heavy Tactical Vehicles (FHTV) contract to more than $3.2 billion, under the FHTV-III contract (W56HZV-09-D-0024). Dec 16/09: Oshkosh Defense announces an order valued at more than $63 million from the U.S. Army TACOM LCMC, to supply more than 1,150 Palletized Load System (PLS) trailers. The trailers feature a removable cargo bed (flatrack) with a 16.5-ton payload capacity. Production is expected to be complete in June 2011. Oct 21/09: Oshkosh Defense announces a $35 million contract modification from for 102 HEMTT A4 heavy trucks, on behalf of the US Army's National Guard units. The vehicles will include HEMTT M985A4 cargo truck and M1120A4 load handling system models, and will be delivered by March 2010. Sept 29/09: Oshkosh announces an $801 million delivery order from the U.S. Army TACOM LCMC for more than 1,190 new next-generation HEMTT A4s, more than 180 new HEMTT A2s and more than 80 Palletized Load System Trailers for the U.S. Army. Oshkosh also will deliver more than 1,020 recapitalized HEMTT A4s. Total: over 2,470 new and recapitalized HEMTT and PLST trucks. Work is expected to be complete by May 2011. Sept 8/09: Oshkosh Defense received a delivery order worth more than $23 million from TACOM LCMC for 45 HEMTT M984 A4s wreckers. Production will begin in March 2010 and is expected to be completed by May 2010. The Oshkosh HEMTT M984 A4 wrecker is a heavy duty tow truck equipped with a crane and winches to recover disabled vehicles. The wrecker can tow disabled vehicles as well as perform vehicle maintenance in severe off-road conditions. July 7/09: Oshkosh Defense announces a $9.4 million contract modification from TACOM Life Cycle Management Command to begin durability and performance testing of the new Heavy Equipment Transporter (HET) A1 model. Testing will take place at Yuma Proving Ground, AZ. Once testing is completed, full-rate production of the Oshkosh HET A1 is scheduled for early 2010. June 18/09: Oshkosh Corp. in Oshkosh, WI received a maximum $31.1 million firm-fixed-price, indefinite-delivery/ indefinite-quantity contract for HEMTT engines, on behalf of the US Army. There was originally one proposal solicited with one response, and contract funds will expire at the end of the current fiscal year on Sept 30/09. The contract itself will run until June 19/12, managed by the Defense Logistics Agency Warren (DSCC-ZG) in Warren, MI (SPRDL1-09-D-0025). June 15/09: Oshkosh Defense announces a $38+ million delivery order for more than 100 new HEMTT M978A4 fuel tanker and M985A4 cargo trucks, on behalf of the U.S. Army National Guard. The U.S. Army Tank-automotive and Armaments Command (TACOM) Life Cycle Management Command (LCMC) will be managing this order. May 21/09: DRS Sustainment Systems received a $103.9 million firm-fixed-price contract for 274 M1000 heavy equipment transporter semitrailers. DRS Sustainment will perform the work at its facility in Saint Louis, MO, with an estimated completion date of May 30/12. One bid was solicited and received by TACOM-Warren, AMSCC-TAC-ATBC, in Warren, MI (W56HZV-09-D-0107). The M1000 semitrailer [PDF] carries armored vehicles and other heavy equipment loads weighing up to 80 tons. The M1000 is able to load, unload, and transport the M1 Abrams tank and other heavy equipment on-road, off-road and cross country, in all weather conditions. May 21/09: Oshkosh Defense announces a delivery order with the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) for more HEMTT trucks and trailers. The delivery order, valued at more than $28 million, includes M1120A4 Load Handling System (LHS) and M978A4 fuel tanker trucks. The US Army Reserve will receive more than 70 HEMTT A4s, and more than 30 Palletized Load System Trailers (PLST) with an automated loading arm. The US Marine Corps will receive 30 PLSTs, which will be integrated with their Oshkosh LVSR heavy trucks. May 20/09: Oshkosh Defense announces a $40 million delivery order for "more than 130" HEMTT A4 trucks. Most will be new-build, but 3 vehicles will be RECAP. April 20/09: A maximum $8.3 million firm-fixed-price, 5-year contract, covering transfer cases with containers for the Heavy Expanded Mobility Tactical Truck (HEMTT). This was originally a sole source competition, and the date of performance completion is April 20/14. TheDefense Logistics Agency in Warren, MI manages this contract (SPRDL1-09-D-0007). Feb 25/09: Oshkosh Defense announces a $477 million delivery order calls for more than 1,350 HEMTT A4s (750 new, 600 RECAP) and more than 1,000 of the Palletized Load System Trailers (PLST) that help with loading and unloading. This latest order pushes the total value of the FHTV-III contract so far to more than $2.1 billion. Feb 25/09: Oshkosh Defense unveils its new HET A1 variant at the Association of the United States Army (AUSA) Winter Symposium and Exposition in Fort Lauderdale, FL. Dec 31/08: Oshkosh Corp. in Oshkosh, WI received a maximum $1.121 billion firm-fixed-price, indefinite-delivery, sole source contract for heavy and medium tactical truck support, if all 9 option years in this 10-year contract are exercised. Under the contract, Oshkosh Defense will supply the DLA with replacement parts to support Oshkosh's medium and heavy tactical vehicles, which include the US Marines' Medium Tactical Vehicle Replacement (MTVR) truck, and the Army's FHTV Heavy Expanded Mobility Tactical Trucks (HEMTT) and Palletized Load Systems (PLS). Oshkosh also supplies replacement parts for other manufacturers' medium and heavy-payload vehicles. The first contract order is valued at $17.5 million and is for approximately 2,300 replacement part numbers to support Oshkosh's tactical vehicles. This follows the previous 8 year contract, which was structured as a one-year contract with 7 option years, each of which were exercised, that ended in December 2008. There were originally 2 proposals solicited, but only one response. The contract's base year will end on Dec 31/09, but options could continue this agreement to 2018. The US Defense Logistics Agency's Defense Supply Center Columbus (DSCC) in Columbus, OH (SPM7LX-09-D-9008) manages these contracts. See also: Oshkosh Defense release. Dec 22/08: Oshkosh Defense announces a $5 million contract modification to RECAP approximately 30 M1977 Common Bridge Transporters (CBT). Under the modification, Oshkosh Defense will tear down the 10-year-old HEMTT A0-derived CBTs, and upgrade them to HEMTT A2 Load Handling System (LHS) equivalents with computer-controlled engines and transmission systems, as well as a lighter load handling system. Dec 15/08: Oshkosh Defense announces a $9.4 million contract modification with the U.S. Army Tank-automotive and Armaments Command (TACOM) for continuing research and development of their diesel-electric drive HEMTT A3 variant. The contract modification will fund additional improvements to the current HEMTT A3 technology demonstrator, by upgrading the vehicle's engine horsepower and incorporating the U.S. Army's LTAS armoring strategy. Under this contract, the firm will end up delivering 2 new HEMTT A3 vehicles. One will be provided to the U.S. Army for a 20,000-mile durability test at its Aberdeen Test Center. The 2nd vehicle will be benchmarked for performance against the current HEMTT A2/A4 production vehicles. Oshkosh Defense President John Stoddart described this contract as: "...among the first steps that could establish the HEMTT A3 as the Army's next-generation support vehicle." Time will tell. Nov 26/08: Oshkosh Defense announces a $51 million contract with the for more than 660 LTAS-B up-armoring kits for HEMTT A4 trucks. The $51 million contract includes a recent $15 million armor kit contract modification. The LTAS-A kit is armoring installed at the factory, and delivered with the trucks. The LTAS-B kit is the add-on armor which the HEMMT A4 has been designed from the outset to carry, if necessary. It can be installed by a 2-soldier crew with no special tools, other than the required lifting devices to get the pieces into position. Since Oshkosh's Palletized Load System (PLS) A1 trucks will share a common cab with the HEMTT A4 , they will also be able to use these armor kits when they are fielded. Nov 4/08: Oshkosh Corp. in Oshkosh, WI received the new FHTV-III multi-year contract, which will add more than 6,000 upgraded vehicles to the U.S. Army's FHTV fleet. The initial delivery order is a $1.267 billion requirements contract firm-fixed-price contract to buy 2,285 new HEMTT-A4 trucks, 768 HEMTT RECAP trucks, and to upgrade a lower model truck. Work will be performed in Oshkosh, WI with deliveries expected to begin in November 2008 and an estimated completion date of Sept 30/12. One bid was solicited and one bid was received by TACOM in Warren, MI (W56HZV-09-D-0024). A series of orders that were issued in February and March 2008 raised initial HEMTT A4 orders to 1,745 new and 292 RECAP trucks, with production slated to begin in July 2008. The initial delivery order under FHTV-III will more than double this total. See also Oshkosh release | Defense Update
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| ZAP, Jonway Partner to Target China Electric SUV Market Companies ... - PR Inside Posted: 21 Jan 2010 06:42 AM PST 2010-01-21 15:44:04 - SANTA ROSA, CA and TAIZHOU, CHINA -- (Marketwire) -- 01/21/10 -- US electric vehicle pioneer ZAP (OTCBB: ZAAP) and China auto manufacturer Zhejiang Jonway Automobile Co. Ltd. announced a commercial agreement to produce electric sport utility vehicles (SUVs), cars and other electric vehicles in China for domestic and global distribution.
ZAP and Jonway partnered on the production of the 5-door Jonway A380 SUV, integrating the latest AC propulsion and lithium battery system technologies to produce a high performance mid-range electric vehicle (EV) that ZAP intends to offer to the fleet market in China. Jonway currently manufactures several thousand units per month of its A380 compact SUV in 3- and 5-door models and is expanding its product line with new model sedans and other automobiles.
The agreement with Jonway is part of a multi-phase business plan ZAP is implementing to target the China electric vehicle market. ZAP chose the Jonway partnership in part because last year Jonway produced one of the first vehicles made in China to meet international standards of quality, including ISO 9000, China Compulsory Certification (CCC) and most recently passing certification for import to the European Union. The Taizhou-based automaker markets and sells vehicles in China through a network of over 600 auto dealerships. Jonway has the capacity to produce up to 50,000 vehicles per year currently at its facilities in Taizhou with capacity and support from the government to expand as the business scales.
ZAP and Jonway believe the partnership will leverage ZAP's long-standing history in electric vehicles, experience in systems integration and worldwide sales for a broad range of EVs. Under the exclusive agreement, ZAP and Jonway take the electric drive systems designed by ZAP and integrate them into the reengineered EV SUV that will be produced by Jonway. ZAP will perform research and development of the core technology in Santa Rosa, California and license the technology for this partnership.
In 2009, China overtook the United States as the world's largest automobile market with sales increasing 46 percent from 2008 to 13.6 million vehicles in 2009, according to the China Association of Automobile Manufacturers.
ZAP hopes to leverage a stimulus from the government for plug-in forms of transportation. The Chinese State Council General Office announced that it intends to raise its annual production capacity to 500,000 all-electric cars, hybrids and buses by the end of 2011. To stimulate the growth, China's Economic Construction Department has put in place a 60,000 RMB, approximately US$8,800, manufacturers subsidy per electric vehicle produced and sold in China.
About Jonway
About ZAP
Safe Harbor Statement
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Alex Wang
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| Gentex Shipping Auto-Dimming Mirrors for All-New 2010 Suzuki Kizashi - Stockhouse Posted: 21 Jan 2010 05:24 AM PST ZEELAND, MI, Jan 21, 2010 (MARKETWIRE via COMTEX News Network) -- Gentex Corporation (NASDAQ: GNTX), the leading supplier of automatic-dimming rearview mirrors and camera-based active safety systems to the worldwide automotive industry, has announced that it is providing auto-dimming interior rearview mirrors for the 2010 Suzuki Kizashi. The Kizashi, Suzuki's first entry into the all-wheel-drive sport sedan segment, arrived in dealer showrooms in North America in December 2009. A Gentex interior auto-dimming rearview mirror with available universal garage door opener will be standard on the Kizashi SLS trim level. Gentex mirrors darken automatically in response to the headlamp glare of rearward-approaching vehicles. The all-new Kizashi, (pronounced "Kee-Zah-Shee"), offers a unique blend of dynamic performance attributes, premium design aesthetics and craftsmanship, including the Gentex auto-dimming rearview mirror with Homelink(R). "This is our first original equipment program with Suzuki and Gentex is excited to associate with Suzuki as it introduces its first midsize sedan," said Enoch Jen, Senior Vice President. "This is an exciting vehicle for Suzuki and we are pleased that the automaker recognizes our value-added products and is making them available on this new vehicle." About Gentex Corporation Founded in 1974, Gentex Corporation (NASDAQ: GNTX) is an international company that provides high-quality products to the worldwide automotive industry and North American fire protection market. Based in Zeeland, Michigan, the Company develops, manufactures and markets interior and exterior automatic-dimming automotive rearview mirrors that utilize proprietary electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. More than half of the Company's interior mirrors are sold with advanced electronic features, and more than 96 percent of the Company's revenues are derived from the sale of auto-dimming mirrors to nearly every major automaker in the world. For more information, visit www.gentex.com/corp_media_info.html. About Suzuki The Brea, Calif.-based Operations of American Suzuki Motor Corporation (ASMC) was founded in 1963 by parent company Suzuki Motor Corporation (SMC) and currently markets its vehicles in the United States through a network of approximately 350 automotive dealerships and numerous other motorcycle, ATV and marine distributors in 49 states. With global headquarters in Hamamatsu, Japan, SMC is a diversified worldwide automobile, motorcycle, and outboard motor manufacturer. In 2008, SMC sold more than 2 million new cars and trucks and more than 3.5 million motorcycles and ATVs. Founded in 1909 and incorporated in 1920, SMC has operations in 196 countries and regions. For more information, visit www.media.suzuki.com. GENERAL AND FINANCIAL MEDIA/INVESTOR CONTACT: Connie Hamblin 616/772/1800 GENERAL MEDIA CONTACT: Craig Piersma 616/772/1800 AMERICAN SUZUKI: Jeff Holland 714/996/7040 EXCHANGE: NASDAQ Global Select Market SYMBOL: GNTX WEBSITE: www.gentex.com SOURCE: Gentex http://www.gentex.com Copyright 2010 Marketwire, Inc., All rights reserved.Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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