Posts Tagged: China National Heavy Duty Truck Group

UQM partners with Chinese commercial vehicle manufacturer

Motor maker UQM Technologies (NYSE MKT: UQM) has entered into a stock purchase agreement with China National Heavy Duty Truck Group (CNHTC) through its subsidiary Sinotruk. CNHTC will acquire 34% of UQM’s stock, and the two companies will create a joint venture to manufacture and sell electric propulsion systems in China. Sinotruk expects to be… Read more »