
German industrial company Siemens and state-owned Chinese automaker Beijing Automotive Industry Holding will form a joint venture to produce motors and inverters for hybrid and full-electric vehicles.

German industrial company Siemens and state-owned Chinese automaker Beijing Automotive Industry Holding will form a joint venture to produce motors and inverters for hybrid and full-electric vehicles.
The use of electricity to generate hydrogen is considered potentially to be a key technology for the storage of surplus energy from renewable sources (e.g., Audi’s e-gas,); it could also play an important role in the transition of the energy system and the stabilization of grids.