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are imported from Korea, some from Italy and a few made in China Korean technology consultant (highest salary in the
Questions: What are the current partnerships with foreign companies? EV part Sourcing part (machines) Are any of Wanxiang’s product being exported or used in vehicles in other countries? What is Wanxiang’s strategy for the next 5 and 10 years? What do you think, in your opinion, is the greatest advantage of Wanxiang? Chinese companies are generally better at controlling costs – they only invest in things that are necessary and they can pay for Cheap labor – after installing higher-tech machines, the have reduced the number of employees from 10 to 2 at the slitting area Are the Wanxiang batteries meeting international stanards?
Ener1 and A123 Can you give me more details on the current joint venture between Ener1 and Wanxiang? What was the purpose of the joint venture – to expand the Chinese market or help Wanxiang expand internationally?