Yang Rong | |
|---|---|
仰融 | |
| Born | 1957 (age 67–68) Anhui, China |
| Nationality | Chinese-born; living in the US |
| Other names | Yung Yeung and Benjamin Yeung |
| Alma mater | Southwestern University of Finance and Economics |
| Occupation | Businessman |
| Known for |
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Yang Rong (Chinese: 仰融; born 1957), also known as Yung Yeung and Benjamin Yeung,[1][2] is an exiled Chinese automobile tycoon living in the United States.[3] He was born in Anhui, China. A year after the magazine Forbes reported that he was China's third-richest businessman in 2001, Yang fled to the United States following a dispute with a member of the Chinese government.[4][5]
Initially the founder and chairman of the Chinese auto manufacturer Brilliance Auto Group, which rose under him to become China’s largest automaker, Yang continued to be involved in the automotive industry since his emigration to the United States. In the United States, Yang has been involved with at least two businesses.
One, Greentech Automotive, planned to build all-electric vehicles in Mississippi.[6] Yang has distanced himself from Greentech Automotive.[7]
A second business, Hybrid Kinetic Motors, is a hybrid vehicle company.[8][9] Yang was engaged in litigation for control of the company with business partner Charlie Wang, and the lawsuit was settled out of court with $1.5 million being paid to Yang, who also retained the name "Hybrid Kinetic."
- ^ Cite error: The named reference
rightfactswas invoked but never defined (see the help page). - ^ "Report: Hybrid Kinetic Motors to spend $500 million for Italian styling" green.autoblog.com, January 21, 2010.
- ^ Cite error: The named reference
wrongfactswas invoked but never defined (see the help page). - ^ "China's 100 Richest Business People". Forbes. November 12, 2001. Archived from the original on December 27, 2001. Retrieved April 25, 2009.
- ^ Cite error: The named reference
ftwas invoked but never defined (see the help page). - ^ MOTAVALLI, JIM (September 8, 2011). "GreenTech Intends to Build E.V.'s in Mississippi". Wheels Blog. The New York Times. Retrieved August 2, 2013.
- ^ Schmitt, Bertel (August 8, 2011). "Clinton's Sleepover Fundraising Maven Breaks Ground For 300,000 Car Factory In Inner Mongolia While Chinese Head To The U.S. On $500,000 Green Cards". The Truth About Cars. Retrieved August 2, 2013.
- ^ Chappell, Lindsay (August 2, 2010). "Hybrid Kinetic's big plans -- at least on paper". Automotive News 84(6423).
- ^ Niedermeyer, Edward (October 7, 2009). "GreenTech Automotive Reveals Prototypes". The Truth About Cars. Retrieved August 2, 2013.