PetroChina signs with FAW to develop the Internet and new energy vehicles jointly

On January 7th, China National Petroleum Corporation signs a strategic cooperation agreement with China FAW Group Corporation in Beijing. The two sides announce that they will jointly explore to cooperate in the field of the Internet motor and new energy vehicles. Through the advantages of production research, they’ll strengthen the research, manufacturing and application promotion of new energy vehicles. This shows that powerful alliances of traditional energy company and automobile business will have a positive far-reaching significance for the landing of national energy conservation policy and accelerating promotion of new energy vehicles.

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