Chery Automobile Signs Partnership with Sinopec

Posted by Bill Belew on October 22nd, 2007 in Doing Business in China | No Comments

Chinese auto-maker Chery and China Petroleum and Chemical Corporation (Sinopec) signed an agreement.

Sinopec will supply:

1. oil products to Chery for its auto research, development, production

2. support to Chery for development of green alternative vehicles

Chery service stations will recommend the use of Sinopec oil products to realize the goal of:

China-designed

China-manufactured autoschery.sinopec.jpg

and

China-produced oil products. 

Meanwhile, Chery also signed a cooperation agreement with SMC Corp, a world leader in pneumatic technology.

The aim is to send the cars through vacuum tubes.

Uh…what doesl a pneumatice tube maker have in common with a car maker?

It beats me.

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