In the Beijing, Tianjin, and Hebei markets, China Yuchai International Limited has signed a cooperation agreement to further develop hydrogen energy applications with fuel cell powertrain systems.
Beijing Xing Shun Da Bus Co., Ltd. (“Beijing Xing Shun Da”) and Yuchai Xin-Lan will form a joint venture in Beijing’s Daxing District to study, develop, and manufacture fuel cell powertrain systems for on and off-road applications, according to the agreement. The joint venture partners will also pool their resources and capabilities to accelerate the development of key components for fuel cell power systems.
“This new hydrogen energy project with Beijing Xing Shun Da further highlights our dedication to providing new energy solutions at a time when energy demand is increasing and climate conditions call for more sustainable solutions,” said Mr. Weng Ming Hoh, President of China Yuchai.
