Press Release

AVL and CCB Sign Memorandum of Understanding

On July 30, 2020, AVL and China Construction Bank (CCB) signed a Memorandum of Understanding (MoU) via video conference to acknowledge and further strengthen the existing successful relations between AVL and China.
AVL_CCB_MoU_Signing_Copyright-AVL

On July 30, 2020, AVL and China Construction Bank (CCB) signed a Memorandum of Understanding (MoU) via video conference to acknowledge and further strengthen the existing successful relations between AVL and China.

 

Due to the current situation, the signing ceremony was held via video conference and attended by Helmut List, CEO AVL, and Liu Guiping, President of China Construction Bank. The Memorandum of Understanding was signed on behalf of both parties by Yorck Schmidt, AVL Chief Financial Officer, and Ji Zhihong, Executive Vice President of China Construction Bank. This Memorandum of Understanding will further strengthen AVL's commitment to the Chinese market and its successful relations with China.

AVL has been active in the Chinese market since the mid 1970s and today has 10 branches and Tech Centers in China, including Beijing, Shanghai and Tianjin.

 

About CCB

Since its founding in 1954, China Construction Bank has developed into a major international commercial banking group. As of March 31, 2020, China Construction Bank recorded total assets of RMB 27.1 trillion and a net profit of RMB 80.98 billion. China Construction Bank ranks second among global banks by both total assets and Tier 1 capital. With nearly 15,000 bank branches in and outside China, China Construction Bank has more than 200 branches overseas, spread across 30 countries and regions.

About AVL

AVL is a world-leading technology company specialising in development, simulation and testing in the automotive industry and other sectors such as rail, marine and energy. Through extensive research, AVL delivers concepts, technology solutions, methodologies and development tools for sustainable, safe and advanced mobility and beyond.

AVL supports international partners and customers in sustainable and digital transformation, with a focus on electrification, software, AI and automation. AVL also supports companies in energy-intensive sectors on their way to green and efficient energy generation and supply.

For more information: www.avl.com

 
NOVONIX and AVL Logos
Press Release
AVL Forges Agreement with NOVONIX to Distribute Cutting-Edge Coulometry Equipment in the U.S.
AVL Test Systems, Inc. is now the exclusive distributor of NOVONIX’s Ultra-High Precision Coulometry (UHPC) cyclers and associated battery cell testing equipment in the United States market.
230328-atz-live-energie
Press Release
Battery Passport for E-cars: AVL’s Sensor System for Greater Sustainability and Transparency
Up to 30 percent less CO 2 thanks to sensor system in battery production
AVL Cybersecurity Solutions
Press Release
AVL and AIT Cooperate: Highly Automated Automotive Cyber Security Software for Threat Analysis and Risk Assessment
AIT, a leader in vehicle cybersecurity research and development, and AVL, the world's largest independent company for development, simulation and testing in the automotive sector, today announced a partnership
20230214_virtual-vehicle-avl-show-team_testfahrten-puntigam_p1280399b-scaled.jpg
Press Release
Robo-Taxis: VIRTUAL VEHICLE and AVL present research project SHOW at MotionExpo
The European SHOW research project is currently the largest and most comprehensive initiative for the testing of automated vehicles in urban environments. VIRTUAL VEHICLE, together with AVL, is currently