Hanergy Holding Group, a multinational clean energy company, reports that its subsidiary, Donghan New Energy Automotive Technology Co., Ltd., signed a strategic cooperation framework agreement with Bluecar, a subsidiary of France's Bollore Group. Under the aegis of the strategic agreement, the two parties will discuss the possibilities of the collaboration in designing, manufacturing and producing the solar electric vehicles. In the future, through the signing of the following four special agreements, the cooperation between the two parties might be further expanded and deepened:
First, according to their core technologies and resources, both the parties will cooperate in the designing, development and production of solar vehicles. While, Hanergy mobile energy strategy has been fully integrated, Bluecar has mature automotive design, R&D and mass production capabilities. The cooperation between the two parties intends to fully guarantee the life and the safety of solar vehicles.
Second, innovative cooperation in the development of solar power and solid-state lithium battery energy storage, utilizing solar energy as a source of power for lithium batteries.
Third, carry out cooperative business of new energy vehicles in the field of intelligent travel and public transportation. In 2008, Bluecar proposed the concept of Internet-sharing cars and successfully operated on a global scale, with extensive experience in smart travel and public transportation. Hanergy has already landed many transportation projects in ecological cities such as intelligent bus stations in mainland China.
Fourth, cooperate in the development and construction of R&D centers, production bases and other projects in areas of agreements including Asia, Africa and the Americas. The two sides will establish a win-win strategic partnership for sustainable development and believe that through the upcoming strategic cooperation, they can export higher business value and create more environmental benefits.