www.chinabuses.org: On December 27, 2011, Zonda Group and China Power Development Co., LTD. signed an agreement on the new energy bus industry strategic cooperation. Zonda Group introduced RMB1 billion as strategic capitals for the new energy vehicle project to promote the development of the new energy bus industry. The chairman of China Power New Energy Company, the related leaders of Yancheng City and the related leaders of the Zonda Group also attended on the signing ceremony.
Through multiple exchange and consultation, Zonda Group and China Power Development Co., LTD. have reached a consistent strategic partnership. On this basis, Zonda plans to through five years of development, to make the formation of 20,000 units of new energy buses and the output scale of power battery production and complete build unit reach RMB 50 billion.
It is reported that the energy bus project of Zonda Group progress smoothly. And now it has become a major development project in Yancheng city. It is an opportunity for Zonda Group to make positive contribution to the development of China's new energy bus.