On January 8, Yuchai and Xiamen Jinlong Automobile Group Co., Ltd. reached strategic cooperation on new energy products, with Wu Qiwei, president of Yuchai and Jin Xie, president of Jinlong Group, signing the strategic cooperation agreement on behalf of both companies.
The cooperation will focus on high-end fields such as high-efficiency fuel-saving hybrid system, pure electric drive system and fuel cell, give full play to Yuchai's strong power technology reserve and perfect marketing service network, as well as Jinlong Group's outstanding vehicle development control ability Advantage, to achieve strong alliances, in the highly competitive new energy bus market to seize opportunities.
As early as 2008, Yuchai undertook the project of "National 863 Major Program" - "Passenger Vehicle Medium Hybrid Assembly" and started the research and development of new energy system. After nearly 10 years of development, Yuchai has acquired Hybrid powertrain assembly and pure electric system assembly research and development, production and marketing capabilities, product coverage of commercial vehicles, special vehicles and other fields.