Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 11 August 2017, 12:45 HKT/SGT
Share:
The Debut of Chanje - the US JV of FDG
Poised to provide commercial all-electric vehicle (EV) options at a previously unavailable scale and price

HONG KONG, Aug 11, 2017 - (ACN Newswire) - FDG Electric Vehicles Limited ("FDG") has officially introduced its US JV - 'Chanje', a new company bringing electric mobility and energy solutions at scale to the 'last mile' transportation market. Run by an executive team from Tesla, Daimler, Volkswagen, Schneider Electric and others, Chanje will soon provide commercial all-electric vehicle (EV) options at a previously unavailable scale and price.

Chanje will introduce a commercial all-electric truck available at mass scale in the U.S. market, a first for the industry. This vehicle is the only one of its kind, designed from the ground up as an EV, and purpose-built to be a long-life truck. It has received US certification and has qualified for inclusion in the US subsidies catalogue, an achievement in the US EV industry that marks an equal milestone in the development of the Chinese EV industry.

Interest in the Chanje EV is deeply spread, the initial medium-duty vehicle already has volume orders for delivery later this year. Post-sales, Chanje has entered into a strategic cooperation with Ryder, a US Fortune 500 company that will provide premium after-sales service and maintenance services. Going forward, Chanje expects to establish a manufacturing facility in the US based on demand and the need for further development, achieving localization of production.

US mainstream media, including CNBC, Los Angeles Times, CNET, and The Drive have already started reporting on Chanje.

"Little-Known EV Startup Chanje Promises Electric Commercial Van Deliveries by End of 2017" - The Drive

While startups developing electric passenger cars tend to grab most of the headlines, there is considerable interest in electric commercial vehicles out there as well. After all, commercial vehicles cover more mileage than passenger cars, and cuts in fuel costs will always be attractive to fleet operators.

The latest startup hoping to fill this niche is Chanje (pronounced "change"). The company has kept a low profile so far, but plans to begin U.S. deliveries of an electric medium-duty commercial van before the end of 2017. Chanje is based on California, but has close ties to Hong Kong-based FDG Electric Vehicles Limited. The peculiar spelling of the startup's name is a nod to FDG's Chinese Changjiang brand.

Chanje's business will ultimately extend beyond vans. It also plans to provide fleet customers with charging stations and the infrastructure for renewable energy, grid connectivity, or energy storage. Customers will simply buy a given amount of energy from Chanje, CEO Hansel explained, and the company will coordinate with third parties on the setup. [The Drive-Aug.10: http://tinyurl.com/yamkblxb]

"Electric truck to debut this year amid boom in EV investments" - CNBC

Chanje is making an all-electric truck to compete against medium duty, short-haul commercial vehicles. Deliveries are expected this year. The vehicle is expected to get the equivalent of 50 miles per gallon when fully charged. It says the initial Chanje electric vehicle will be built in China, but assembly will transition to the U.S.

"We see the opportunity to fundamentally disrupt the commercial truck market," said Hansel, CEO of Chanje.
[CNBC-Aug.10: http://tinyurl.com/yaqnhcx7]

"Chanje's electric delivery truck flattens noise and pollution" - CNet

Urban dwellers may be used to noisy delivery trucks spewing soot from tailpipes, but Chanje offers an antidote: its V8070 electric delivery van. At 26 and a half feet long, with a payload capacity of 6,000 pounds, the electric Chanje van is designed to handle urban deliveries.

CEO Bryan Hansel expresses a progressive desire to "remove noise and tail pipe emissions from delivery trucks in cities", a sentiment that any urban resident should appreciate. He expects Chanje's electric van to be a last mile solution, delivering everything from "potato chips to packages" in cities. Medium duty trucks, such as the model being marketed by Chanje, commonly work out of distribution centers in urban areas, picking up goods for local delivery. [CNet Road-Show-July29: http://tinyurl.com/y8r4q28k]

Source: FDG
Stock: HK:0729
Date: 2017-08-10



Aug 11, 2017 12:45 HKT/SGT
Topic: Press release summary
Sectors: Automotive, Daily News
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2017 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Multimedia
View Image
 

Latest Press Releases
Bortex Global Expedites Automation Development  
Nov 20, 2017 15:15 HKT/SGT
Eisai Receives IT Business Award for Medication Administration Support Device e-OKUSURI-SAN   
Nov 20, 2017 14:50 HKT/SGT
Eisai: Antiepileptic Drug Fycompa Regularly Available Again in Germany from December  
Nov 20, 2017 14:28 HKT/SGT
MHI: H-100 Gas Turbine Successfully Completes Low NOx Testing, Confirms Industry-Leading Performance  
Nov 20, 2017 13:24 HKT/SGT
BlackGold Celebrates Completion of its New Jetty in Riau Province  
Nov 20, 2017 13:00 HKT/SGT
Mitsubishi Corporation Awarded Contract to Supply Rolling Stock for Manila LRT Line-1 in the Philippines  
Nov 20, 2017 11:04 HKT/SGT
Strong Performance of Toyota Yaris WRC Goes Unrewarded in Australia  
Nov 20, 2017 08:28 HKT/SGT
Toyota GAZOO Racing Wins in Bahrain  
Nov 20, 2017 08:17 HKT/SGT
JCB Special Offer at Changi's Mystical Garden with Sanrio Characters  
Nov 17, 2017 20:00 HKT/SGT
Northern New Energy Signs Memorandum of Understanding  
Nov 17, 2017 19:27 HKT/SGT
More Press release >>
 News Alerts
Copyright © 2017 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: