Following the announcement made back in February by the Shanghai (Yangpu District) government, which revealed that Fallbrook Technologies has been given the green light for the construction of an Electric Vehicle Design Center where to test its NuVinci DeltaSeries transmissions, today the supplier made public the establishment of a new joint venture meant to ease the manufacturing of parts.
Fallbrook and its new Chinese partner, Ningbo Shentong Group, an important Chinese automotive supplier, will work together, as Shentong Fallbrook CVT Company, on the creation of NuVinci continuously variable planetary (CVP) transmissions for electric-powered passenger cars and light trucks.
For starters, the two companies will work together on the creation of the market for the product it plans to manufacture later on. The supply base, the fabrication processes and the know-how are to be created from the ground up.
As things begin to move, Shentong Fallbrook will start manufacturing affordable NuVinci CVP transmissions and other drivetrain components which will be sold both on the local market and foreign ones.
The NuVinci DeltaSeries technology was tested in conjunction with a 210cc AC compressor, and it was found that it managed to generate fuel savings of up to $1,500 for bus air conditioning systems.
"China is moving aggressively to support the development of electric vehicles," said Lifeng Fang, general manager of Shentong.
"Shentong has already invested in alternative energies and has a considerable interest in supplying components for this new market segment. We are committed to developing the capabilities to develop and manufacture Fallbrook's NuVinci CVP transmissions to serve the Chinese and export electric vehicle markets."
Fallbrook and its new Chinese partner, Ningbo Shentong Group, an important Chinese automotive supplier, will work together, as Shentong Fallbrook CVT Company, on the creation of NuVinci continuously variable planetary (CVP) transmissions for electric-powered passenger cars and light trucks.
For starters, the two companies will work together on the creation of the market for the product it plans to manufacture later on. The supply base, the fabrication processes and the know-how are to be created from the ground up.
As things begin to move, Shentong Fallbrook will start manufacturing affordable NuVinci CVP transmissions and other drivetrain components which will be sold both on the local market and foreign ones.
The NuVinci DeltaSeries technology was tested in conjunction with a 210cc AC compressor, and it was found that it managed to generate fuel savings of up to $1,500 for bus air conditioning systems.
"China is moving aggressively to support the development of electric vehicles," said Lifeng Fang, general manager of Shentong.
"Shentong has already invested in alternative energies and has a considerable interest in supplying components for this new market segment. We are committed to developing the capabilities to develop and manufacture Fallbrook's NuVinci CVP transmissions to serve the Chinese and export electric vehicle markets."