by Brooke Salkoff for China Business Review

For Alex Gruzen, CEO of wireless charging pioneer WiTricity, working with a tech-focused venture capital firm in China seemed a natural fit. Gruzen knew China well from his time at Compaq, Hewlett-Packard, and then Dell, where he led the company’s global notebook business. Since joining Boston-based WiTricity, Gruzen’s priorities included getting the tech right, growing the US customer base, and then breaking out in China, where the automotive and consumer electronics industries – the company’s primary targets for licensing and embedding its technology – have seen meteoric growth.

The Chinese investor in this case was Haiyin Capital, a Beijing-based venture firm deploying its third fund with a new cross-border focus. Yuquan Wang, Haiyin’s founding partner, had experience partnering with American firms; early on in his career as a consultant for US consulting firm Frost & Sullivan, he helped China Mobile grow to become by market cap the largest mobile telecom company in the world. With a decade of venture capital experience, Wang had a profound appreciation for the potential of untapped synergies in the Chinese and US tech worlds.

“The next Steve Jobs won’t come from China,” Wang noted, referring to Apple’s former CEO. “But he’ll need China if he expects to build a global company. Our idea is to find those companies in the US and help them use China to achieve explosive growth.”

To read the complete article click here.

by Mike Walter of CCTV-America

Economic ties are one of the mainstays of the relationship between China and the United States. A research group in New York recently reported that since the year 2000, Chinese companies have invested 46 billion dollars in the U.S. CCTV’s Mike Walter filed this report from Los Angeles.

钛媒体注：飞行汽车公司 Terrafugia 的创始人 Carl Dietrich 从小便对航空航天技术着迷，于是便诞生了研发飞行汽车的想法。在创始人 Carl Dietrich 的描述展示中，这种飞行汽车将具备两个“翅膀”，你可以把它停在车车库里，可以加油。当你需要飞行的时候，只需要开启引擎按钮，飞行汽车就可以在40秒之内把机翼打开，像科幻电影当中的场景一样，在飞机场或者高速公路上进行起降。

在现有的道路交通体系中，我们难免遇到堵车的情况，尤其是中国北京和巴西圣巴罗这些有名的“堵城”，我们会花费非常多宝贵的时间在路上，而飞行汽车能完美的解决这一窘境。未来的飞行汽车价格一定是平民的，而且不一定需要飞行员，依靠汽车内置的自动驾驶就能带你去任何地方。

Click here to read the full article.

by Sara Castellanos of the Boston Business Journal

Chinese venture capital firm Haiyin Capital is flying 10 of its American portfolio companies to China this Friday, including three Boston-area startups.

Woburn-based flying car maker Terrafugia, Bedford-based solar tech company 1366 Technologies and Watertown wireless electricity company WiTricity will be visiting three of China's largest economic-development centers: Beijing, Hangzhou and Guangzhou.

The purpose of the 10-day trip is to entice the early-stage companies in Haiyin's portfolio to possibly open manufacturing plants in China and foster new partnerships with America's up-and-coming tech startups.

To read the full article click here.

The second in our WhatDrivesYou series, we are pleased to share: Engineering the Transition®.

Kevin Colburn, COO & VP Engineering, and Andrew Heafitz, Chief Engineer explain taking the idea of a flying car through the design process and ultimately to the market with Terrafugia's Transition®.  

See more at: http://www.terrafugia.com/news/engineering-transition%C2%AE#sthash.zIZK4Tns.dpuf

The first in our WhatDrivesYou series, we are pleased to share: The Founding Terrafugia Team.

How did Terrafugia begin? What drove focused graduate students to make the leap into the unknown? Listen to Terrafugia Co-Founders share what drove them to not only create a new company, but define an emerging industry.


See more at: http://www.terrafugia.com/news/founding-terrafugia-team#sthash.zhmvvcVe.dpuf

A quick look at our DC trip with the Washington Post. 


See more at: http://www.terrafugia.com/news/terrafugia-and-america-answers#sthash.Lejgm2NS.dpuf

May of 2014 marked a huge milestone in the Transition® program: two-person flights!  Watch here as Carl Dietrich, Alex Min, Richard Gersh, and Vanessa Blakeley, all from the Terrafugia Team, relay their first experiences piloting the flying car. 


See more at: http://www.terrafugia.com/news/transition%C2%AE-two-person-flight-tests#sthash.ZB1VP1fT.dpuf