subject: Weifang Diesel Engine Market, Adding New Members To Create A New Pattern (figure) [print this page] ?? Weichai Power, Westport, training the new joint venture agreement signed in Beijing
7 16, Weifang Diesel Engine Company Limited, Canada West, Hong Kong Innovation Corporation, the new culture (China) Investment Co., Ltd. held a grand signing ceremony in Beijing, officially signed the tripartite joint venture company set up a new?? Weichai Power New Energy West Port Engine Co., Ltd., is committed to developing, manufacturing of advanced long-distance transport of heavy trucks with LNG engines.
Weichai Power, Westport, training the new joint venture agreement signed in Beijing
Weichai Power CEO Xu Xinyu host the signing ceremony, Tan Xuguang Weichai Power Chairman and CEO, Canada West, wearing a Mexican-Hong Kong Innovation CEO Germany, Hong Kong Peixin (China) Investment Co., Ltd. Executive Director Yang Shaodong signed a joint venture contract.
Under the tripartite joint venture agreement, Weifang Diesel Engine Co., Westport New Energy total investment of 150 million yuan, to lead the world's LNG high-pressure direct injection technology as the core, development, manufacture heavy-duty LNG trucks with high-power high-speed engine, and have a full fuel can increase endurance capacity of more than 800 km. Its birth, to create a powerful new energy in China's new pattern of green engines, heavy commercial vehicles will become more green. Previously, Weichai production CNG, LNG gas engine in the market has cut into the urban mass transit, power generation and other fields, forming a good brand image.
Recent years, the "green" and "energy saving" has become the focus of the world, with rapidly rising crude oil prices, China's emission standards are constantly upgrading and increasing the amount of car ownership, transport a substantial increase in fuel costs, Chinese users energy saving and environmental protection model more compelling, natural gas, liquefied petroleum gas and other updates of new cleaner energy demand growth engine obviously. To transport natural gas from the power transition in the field, not only to reduce the increasingly expensive oil in the field of application, but also with regard to gas in the economy with the significant advantages that can bring huge economic benefits to the owners. According to the National Clean Vehicle Productivity Promotion Center, said China now has 185,000 natural gas vehicles, these cars provide fuel to the infrastructure is growing rapidly, increasing gas engine has a broad market prospect.
Today, Weichai Power Corporation of Canada West, Hong Kong together, it is also based on this environment, but also for many years for new energy sources based on the engine and the efforts of environmental protection. Over the years, Weichai Power has been committed to environment protection and energy product development, took the lead in 2004, Weifang Diesel launched China's first with fully independent intellectual property rights "Blue Engine" State III engine, has recently issued the State V emission line requirements of the "Blue Engine" high-power engine, and adopted a national certification and calibration tests, become a leader in emissions technology, and its high performance and high reliability products, accounting for 36% of the domestic heavy truck market share, as China's dynamic brand. As a global leader in alternative fuel technology providers of the West Hong Kong Innovation Corporation, holds several patents solutions to achieve clean fuel engine applications, such as the use of compressed natural gas (CNG), liquefied natural gas (LNG), hydrogen, and waste gases such as bio-fuels . One is China's largest Internal combustion engine Manufacturer, a leading global provider of alternative fuel technology, strong-strong joint venture Weifang Diesel Engine Co., Westport new energy performance of the market in the future exciting.
"Highways in China each year more than 450,000 new heavy-duty trucks, and we are now working with the country's largest heavy-duty engine manufacturers Cooperation . "The West Hong Kong Innovation CEO DavidDemers President said," is committed to a new market opportunities, as well as major cities in China and Asia in the urgent needs of reducing emissions, our high-pressure direct injection LNG fuel system technology will provide clean and low-emission solution program. Weichai in the global heavy duty engine market share has more than 11%, it is not only the Chinese market, a strong partner, but also open up the world's low-emission alternative fuel engine market with a great partner. "
Operating under the scope of the joint venture, Weifang Diesel Engine Co., Westport will provide new energy sources, including inventory, warehousing, training, application engineering, and promoting Pin , Technical advice, installation, maintenance and service related support services.
"As the world's largest manufacturer of power train, this cooperation will help us in the clean technology and new energy, new technologies to achieve progress. The new engine will also be our energy future, one of the fastest growing markets . "Weichai Power chairman Tan Xuguang said," We in the development, manufacture and sales of heavy-duty engines have been proven ability and the West Hong Kong art combustion technologies, will be the best quality and fastest speed to market clean, low emission heavy duty LNG engine high performance. "
Joint venture, is another process of Weifang International masterpiece. Under the agreement, Westport joint venture company will provide all the high-pressure direct injection technology and technical support, under the same conditions, the joint venture has a future development of the western port of all other license in China a priority. The three parties will work together to create the world's high-power high-speed heavy trucks and other vehicles with the biggest package of new energy power company, so clean cars for the benefit of more people.
Weifang Diesel Engine Market, Adding New Members To Create A New Pattern (figure)