Yuchai shares a new strategic partnership with Foton Motor Group

At present, after years of rapid growth in China's auto industry, China's auto industry has entered a mature period in which demand tends to be stable and the industry returns to the market. The domestic auto market has shifted from incremental development to stock competition, and the competition pattern of auto companies has been reshaped to boost the auto industry to the survival of the fittest. Especially in the context of the upgrading of automobile emissions and the rise of new energy vehicles, how to achieve co-opetition development in China's auto industry has become a major issue facing industry enterprises.

On July 11, 2019, Futian Automobile Group Party Secretary and General Manager Gong Yueqiong, Executive Deputy General Manager Chang Rui, Deputy General Manager Song Shushan, Wu Xibin, Deputy General Manager, Futian Daimler Executive Vice President Zhang Wei, Deputy General Manager Wu Yuejun Mr. Gu Dehua, Vice President of the Group, President of Ouma Business Division, Wang Shuhai, Vice President of the Group and President of Time Division, went to Yuchai to exchange. After Gong Yueqiong and his entourage visited the production line of all the countries in Yuchai, they expressed their affirmation to the new production line of Yuchai. Yu Ping, Chairman of the Board of Directors of Yuchai, and Wu Qiwei, President of the Board of Directors attended the meeting and actively communicated on further expanding cooperation space and achieving mutual benefit.

The two sides reached a series of important cooperation results on issues such as the national six product support, overseas market development, and new energy product development. This exchange marks a new step in the strategic partnership between the two parties. It also means that the two giants of the Chinese auto industry, the whole vehicle and auto parts, have opened a new chapter of cooperation.

1 jointly create customer value

The importance of this cooperation for both parties, from the management team that attended, can be seen one or two.

Meeting between Futian and Yuchai

For the Futian Automobile Group, the party committee secretary and general manager Gong Yueqiong led the team and the executive leadership team attended. In terms of Yuchai shares, in addition to the personal reception of the chairman and the president, the management of major business segments such as company executives were also attended.

This shows that the two sides have high hopes for this cooperation.

Futian Ouhui Bus, equipped with Yuchai YCS04N and other national six engines, was put into the Beijing bus market. This is the first batch of China National Commercial Vehicles that was officially put on the market.

The cooperation between Yuchai and Foton Motor Group has a long history. In 2019, the bilateral cooperation relationship was further strengthened. In the sixth phase of the country, Futian Automobile Group has comprehensively planned the matching of Yuchai's products, with a total of 19 varieties. In the first half of this year alone, Yuchai's sales in Futian Automobile Group reached the annual average of the past four years.

The Sixth era has arrived. With the gradual landing of the National Sixth Emission Standard, the Chinese auto market will face a new round of reshuffle. For Foton Motor Group, it can only be successful and cannot fail, so it is very important to choose a partner. Since Futian Automobile Group has chosen Yuchai, the two parties are not only a simple "matching relationship", but a comprehensive strategic partnership of precision development, precision matching, precision application and precision service. I hope that the cooperation with Yuchai will continue to deepen and expand in the future, and will fully bear fruit in new areas such as new energy and overseas markets, and achieve win-win development. ”

——Gong Yueqiong, Party Secretary and General Manager of Foton Motor Group

Foton Motor Group is an important partner of Yuchai. For a long time, Foton Motor Group has been very respectful and trustworthy to Yuchai. The strategic cooperation based on the country's six products has once again given Yuchai shares strong confidence and support. We respect and cherish our customers and will cooperate with Foton Motor Group to create customized products that are closer to the needs of our customers and to meet the needs of our customers. ”

——Yu Ping, Chairman of Yuchai Co., Ltd.

2 traditional power cooperation

In the context of the rise of new energy vehicles, internal combustion engines still have great potential for thermal efficiency improvement, pollutant control and NVH. While developing new energy vehicles, technological upgrading and product innovation of traditional power should not be ignored.

With more than 60 years of experience in R&D and manufacturing of internal combustion engines, Yuchai has accumulated tremendous advantages in terms of traditional power. First of all, at the environmental protection level, Yuchai's diesel engines for diesel engines and gas engines are fully mass-produced. The 11 series of diesel engines are all in line with the national six emissions, with power coverage of 100-660 horsepower. The 8 series of natural gas engine 5 series use the equivalent ratio combustion + EGR + TWC technical route to meet the national six emissions, power coverage of 140 ~ 560 horsepower.

Visit Yuchai workshop

However, Yuchai shares did not stop there. In terms of R&D planning for the 6th generation of the country, Yuchai plans to launch a 50% engine with a thermal efficiency in 2020; it will increase to 52% in 2023, which is equivalent to the thermal efficiency of American super trucks; it will increase to 55% in 2025; It is to reach 60% and reach the international leading level.

Yuchai's advantage in traditional power has been recognized by Foton Motor Group. It is understood that through this exchange, Yuchai and Foton Motor Group have reached a number of important cooperation. In the country's six aspects, Foton Motor Group comprehensively plans Yuchai's products to cover all types of vehicles such as light trucks, medium trucks and heavy trucks of Foton Motor Group.

At the same time, in response to the upgrade of the National Sixth Emissions, Yuchai has upgraded its existing manufacturing lines to create a world-class digital green factory. These green factories will realize the digital control of the whole process of product manufacturing, from the production mode of large-scale production line to the customized scale production, realize the deep integration of the next-generation information technology, Internet of things technology, intelligent science and technology, and create better quality for customers. Excellent country six products.

3Exploring commercial vehicle new energy technology

On May 28, 2019, Yuchai held a new energy power strategy and product launch conference in Beijing, launching integrated power generation engine powertrain, ECVT power split hybrid powertrain, integrated electric drive axle assembly, and fuel cell. Four new energy power systems such as the system. This marks that after the release of the national six commercial power, Yuchai has successfully completed the determination of the new energy power technology route and launched new products in a comprehensive manner, forming a full product layout of traditional power and new energy power, which is the new energy power for China. The business has created a globally leading and diverse technology route.

Visit Yuchai workshop

At the same time, new energy vehicles are also an important part of the Foton Motor Group. According to the sales announcement of Foton Motor Group, from January to June this year, the company's car sales were 272,261, an increase of 3.76%. Among them, the sales volume of new energy vehicles was 3,530 units, an increase of 140.79%.

Therefore, the new energy technology of commercial vehicles has become the focus of exchanges between the two sides. It is reported that in terms of new energy, the two sides will give full play to the advantages of new energy power products such as hybrid powertrain and fuel cell of Yuchai Co., Ltd., and jointly explore new energy technology and products for commercial vehicles with future fuel consumption regulations, national policies and user TCO.

At present, Yuchai has formed a strategic alliance with the Futian Automobile Group and other automobile companies, and has made major breakthroughs in the northern market. It is expected that from next year, Yuchai's six products will fully enter the domestic market.

Reading volume: Source: Yuchai Group Author: LOO

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