The flurry of activity during the Indianapolis 500 Mile Race weekend included nearly 100 U.S. and Chinese auto executives and government officials coming together for the first U.S.-China Advanced Technology Vehicle Summit in downtown Indianapolis.
The event was produced by the Energy Systems Network (ESN), an initiative of the Central Indiana Corporate Partnership and a sister organization in Indiana economic development to Indy Partnership. ESN is focused on the development of the energy technology or “clean-tech” sector.
The weekend concluded with many signed deals, promising future partnerships and more business opportunities for Hoosier automotive companies.
Indiana participants in the Summit included:
- Allison Transmission
- Cummins
- Delphi
- EnerDel
- Remy International
Participating Chinese companies included:
Agreements made at the U.S.-China Advanced Technology Vehicle Summit include:
EnerDel & Wanxiang Agreement -- 3,000 new green jobs may emerge as the Indianapolis-based EnerDel and Wanxiang Group of China signed a joint venture agreement for EnerDel to provide advanced lithium-ion battery systems toWanxiang Group's china plant.
China Investment Promotion Agency and Indiana Economic Development Corporation signed a Memorandum of Understanding to strengthen future trade and economic development opportunities.
Strategic cooperation agreements between Cummins and two Chinese companies, Guangxi Liugong Machinery and Zhengzhou Yutong Group were made.
Energy Systems Network, China Chamber of Commerce for Import and Export of Machinery and Electronics, and the China Association of Automotive Manufacturers agreed to conduct another U.S.-China Advanced Technology Vehicle Summit, next time in Beijing that will focus on the broader new energy technologies market.
Watch video from INside Indiana Business's Interview with Gov. Mitch Daniels about the Summit.
Read Forbes blog post on Summit and Indiana's business climate.
- BYD
- Chery
- Dongfeng Electric Vehicle
- Shanghai GM
- FAW Group
- Geely
Agreements made at the U.S.-China Advanced Technology Vehicle Summit include:
EnerDel & Wanxiang Agreement -- 3,000 new green jobs may emerge as the Indianapolis-based EnerDel and Wanxiang Group of China signed a joint venture agreement for EnerDel to provide advanced lithium-ion battery systems toWanxiang Group's china plant.
China Investment Promotion Agency and Indiana Economic Development Corporation signed a Memorandum of Understanding to strengthen future trade and economic development opportunities.
Strategic cooperation agreements between Cummins and two Chinese companies, Guangxi Liugong Machinery and Zhengzhou Yutong Group were made.
Energy Systems Network, China Chamber of Commerce for Import and Export of Machinery and Electronics, and the China Association of Automotive Manufacturers agreed to conduct another U.S.-China Advanced Technology Vehicle Summit, next time in Beijing that will focus on the broader new energy technologies market.
Watch video from INside Indiana Business's Interview with Gov. Mitch Daniels about the Summit.
Read Forbes blog post on Summit and Indiana's business climate.
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