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

With more than 12,200 employees, AVL is one of the world's leading mobility technology companies for development, simulation, and testing in the automotive industry and in other sectors such as rail, marine, and energy. Based on extensive in-house research activities, AVL delivers concepts, technology solutions, methodologies, and development tools for a greener, safer, and better world of mobility and beyond.

AVL supports international partners and customers in their sustainable and digital transformation. The focus lies on the areas of electrification, software, AI and automation. In addition, AVL supports companies in energy-intensive sectors on their way to a greener and more efficient energy generation and supply.

Innovation is AVL's passion. Together with an international network of experts at more than 90 locations and 45 Tech and Engineering Centers worldwide, AVL is driving the future of mobility. In 2023, the company generated a turnover of 2.05 billion Euros, of which 10 % are invested in R&D activities.

For more information: www.avl.com

 
gl_corp_photo_brain_01_PR.jpg
Press Release
AVL is starting an Expedition together with Startups

With „CREATORS EXPEDITION“ AVL List GmbH is starting a startup program in order to work together and co-create new products and services with young, innovative companies in areas such as electrification and
170717_0029[3]
Press Release
AVL Builds Tech Centre in Coventry, UK

AVL List GmbH will establish a new test and engineering centre in Coventry, UK, with full operation commenceing in spring 2018.
newamavisual
Press Release
AVL AMA SL™ - A New Dimension of Exhaust Emission Testing

The brand-new AVL AMA SL™ completely redefines the status quo of exhaust emission testing: The latest member of the AVL AMA product line excels with its minimalistic system design.
20170024_adas_visual_V021_ok22
Press Release
Cutting-edge ADAS Development at AVL

Safety and customer acceptance are major aspects of advanced driver systems (in short ADAS). Factors such as testing and validation requirements, as well as system safety will be of paramount importance for the
You are currently on the AVL Global Site. Click below if you would like to switch to