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

 
Development of test solutions for sensor technology and energy-efficient power electronics
Press Release
Green light for multi-million funding: AVL part of next European IPCEI microelectronics initiative
AVL invests over €50 million euros in the development of test solutions for sensor technology and energy-efficient power electronics.
AVL ACORA
Press Release
AVL test system ACORA saves time and money during battery cell testing
Up to 60 Percent Shorter Test Duration thanks to Direct Cooling and Automation
Don Manvel presents Gordon Millar Award to Dan and Robin Nicholson
Press Release
AVL Names Dan and Robin Nicholson as Winners of 11th Annual Gordon Millar Award
Dan and Robin Nicholson have been named winners of the 11 th annual SAE Foundation Gordon Millar Award.
ALL-IN Zero Project
Press Release
AVL to Participate in Development of Advanced Integrated Multi-Fuel Powered H2-Propulsion System
Horizon Europe Funded: Pioneering Multi-Fuel Powered H 2-Propulsion System Supports Decarbonization of Heavy Traffic