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

 
Reimagining Motion
Press Release
AVL Expands Canadian Presence
AVL is pleased to announce it is expanding its Canadian footprint beyond British Columbia and into the two R&D clusters of Montreal and the Toronto-Windsor corridor.
Matthias Dank
Press Release
Matthias Dank Returns to AVL and Joins the Executive Board
AVL List GmbH has appointed Matthias Dank as new board member and Executive Vice President (EVP). The top manager with international experience was previously at McLaren Applied, where he was Director of
Reimagining Motion
Press Release
AVL Mobility Accelerates Ground, Air and Space Technology
Latest projects from Northrop Grumman and Eviation presented at CES
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