| 23-10-2007
Scania,
the world's leading heavy vehicle maker, eyes Beijing's green Olympics drive as
an opportunity to pry open the Chinese market for its ethanol-powered buses. Currently,
there is already one ethanol-powered bus produced by Scania in China, which is
scheduled to make its debut show in the streets of Beijing as a field test during
the first week of November, less than one year before the city hosts 2008 Olympic
Games. "I think Beijing will solve the problem of pollution. It has to do
with rapid, very rapid expansion of the city. If we can give a contribution to
that, we are very happy to do that," Leif Ostling, president and chief executive
of the Sweden-based company, said when asked about the company's plan to sell
its ethanol-powered buses to China. As
one of the world's leading manufacturers of trucks and buses for heavy transport
uses and specialized in ethanol-powered vehicles, Scania has made cautious steps
into the Chinese market, one of the most tempting place for foreign investment
today. It established a global strategic partnership with China's Higer Bus Company
in Suzhou, but not its own factory. Ostling said once they have their trucks and
buses built in China, the company would like to set up a wholly owned subsidiary,
instead of cooperation with local manufacturers. Editor:Frederick
Wei from Chinabuses.com
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