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JAC’s US electric-car deal seen as modest step|Home|chinadaily.com.cn

An announced electric-vehicle venture in the United States between Chinese truck maker Anhui Jianghuai Automobile Co and Virginia’s GreenTech Automotive is unlikely to generate significant sales, an analyst says.
GreenTech, formerly headed by Terry McAuliffe, a one-time Democratic Party national chairman and currently a candidate for Virginia governor, and Jianghuai announced on April 22 a partnership to build 2,000 four-door electric sedans in Mississippi for sale in North America starting late this year. The deal came just nine days before the opening of two refurbished plants in California from which China’s BYD Co plans to produce electric buses.
Tim Dunne, head of global auto operations at market research firm JD Power and Associates, pointed out that Jianghuai, or JAC, “is for the most part a light-vehicle, light-truck maker and always has been. So I don’t know what gives them any sort of competitive advantage [in electric-vehicle technology] over a US company or any other electric [vehicle] company in the world.”
On its website, JAC is described as a maker of “light, medium and heavy-duty trucks”.
The companies said their planned sedan, named Rejoice, will have a battery with 19 kilowatt-hours of electricity, giving it a range of over 100 miles (167 kilometers) per charge. The charging time will be six to eight hours.
GreenTech is known mainly for one product – a small, two-seat electric sedan called MyCar. McAuliffe, in an MSNBC appearance in 2011 while he was still GreenTech chairman, presented the company’s decision to shift manufacturing of MyCar hybrid and electric drivetrains to Mississippi from a plant in China as part of a goal to create US jobs.
Dunne said he was unimpressed by the companies’ plan to begin producing 2,000 cars this year.
“Based on my experience, 2,000 vehicles is not significant,” he said.
More http://usa.chinadaily.com.cn/2013-05/08/content_16484718.htm

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