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

 
Gustav Tuschen Portrait
Press Release
Gustav Tuschen Joins the Executive Board of AVL
AVL List GmbH has appointed Gustav Tuschen as new board member and Executive Vice President. The top manager with international experience was previously at Daimler Buses, where he was head of development. As
AVL and Rohde & Schwarz collaborate
Press Release
AVL and Rohde & Schwarz Collaborate to Automate and Speed Up EMC Tests Under Real Driving Conditions
To ease and speed up the development process, AVL and Rohde & Schwarz, two of the world’s leading providers of automotive test systems, present an innovative solution for automated electromagnetic compatibility
Zalazone Opening
Press Release
AVL Opens New Vehicle Engineering Center With Direct Access to Proving Ground
With the new vehicle engineering center, AVL established a unique engineering facility to test conventional and future vehicles in Zalaegerszeg, Hungary.
AVL Racetech H2 Engine
Press Release
AVL RACETECH Builds Hydrogen Combustion Engine for Motorsport
AVL RACETECH, the motorsport department of AVL, presents the prototype of an innovative H2 internal combustion engine. The power unit is a compact, hydrogen-powered 2-liter turbo engine, with intelligent water