Chery Automobile Signs Partnership with Sinopec
Submitted by Bill Belew on Monday, 22 October 2007No Comment
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 autos
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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