German software provider PTV Group is expanding its international business in the transport and logistics sectors, with the appointment of a new managing director for its local branch office in Shanghai, China.
With experience in all facets of transportation, Oscar Jiang Jing is charged with boosting the group's business in the Chinese market. In addition to the existing office in Shanghai, a further two regional offices will be established in Beijing and Chengdu within the next three years.
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According to China’s news agency Xinhua the futuristic Transit Elevated Bus (TEB-1) has conducted its first road test in the northern city of Qinhuangdao, in the Hebei province.
The 22m long, 7.8m wide and 4.8m high TEB-1 can carry up to 300 passengers. Designed to help ease traffic congestion on China’s roads, the passenger compartment of the bus rises far above other vehicles on the road, allowing cars to pass underneath. It will run on a fixed route on rails places at the edges of the two lanes it str