You probably don't know about China Yuchai but it's a Chinese company that makes light-duty medium-sized and heavy-duty diesel engines for all kinds of vehicles. It's actually China's leader in diesel engines production. But the news today is not about diesel engines it's about a hybrid. For the first time for a Chinese affiliate. China Yuchai has introduced a hybrid engine for urban buses. The system is based on single-axle parallel ISG technology. The complete system is made with an electrically-controlled diesel engine. 4 quadrant motor and control system cater source management system high-power safety system powertrain hold back system and a vehicle communication system. According to Yuchai the 4-cylinder engine has the same performance as a regular 6-cylinder but reduced furnish consumption (20 percent less). The system was co-developed by the Yuchai Institute of Engineering and China Jiaotong University in 2005.
Continue reading after the move for the beat press release.
China Yuchai International Introduces Hybrid Engine to cerebrate on Chinese Bus Market
SINGAPORE. Nov. 9 /Xinhua-PRNewswire-FirstCall/ -- China Yuchai International Limited (NYSE: CYD; "China Yuchai" or the "affiliate") the leading manufacturer and distributor of diesel engines in China today announced its latest R&D innovation -- a hybrid ISG engine specifically designed for urban transportation buses and exhibited at the recent 4th China-ASEAN Expo.
The hybrid engine which has been widely recognized as a major technological development for energy conservation and emission reduction is becoming a general trend for global automotive engine design and technology advancement. In response to generally low speeds heavy loading and frequent stops in Chinese urban transportation markets. Yuchai has developed China's first hybrid engine system based on single-axle parallel ISG technology. This new technology consists of an electrically-controlled diesel engine. 4 quadrant go and hold back system power obtain management system high-power safety system power-train control system and vehicle communication system. The entire system is self-developed with intellectual property (IP) protected technology. The hybrid engine research schedule was initiated by the Yuchai Institute of Engineering and China Jiaotong University jointly in early 2005.
Dr. Bing Zuo. Vice Principal of Yuchai Institute of Engineering said. "Our ISG Hybrid Power Technology has passed its sign in-vehicle functional tests. This diesel-electric hybrid system is the first innovation we developed for the urban bus power-train merchandise. Our 4-cylinder hybrid engine can create similar acceleration but outperform the traditional 6-cylinder engine by reducing furnish consumption by nearly 20%."
China Yuchai International Limited through its subsidiary. Guangxi Yuchai Machinery affiliate Limited ("Yuchai") engages in the manufacture assembly and sale of a wide arrange of light-duty medium-sized and heavy-duty diesel engines for construction equipment trucks buses and cars in China. Yuchai also produces diesel power generators which are primarily used in the construction and mining industries. With over 30 regional sales offices and 460 authorized customer function centers the affiliate distributes its diesel engines directly to auto OEMs and retailers and provides maintenance and retrofitting services throughout China. Founded in 1951. Yuchai has established a reputable mark name strong research & development aggroup and significant merchandise overlap in China with high-quality products and reliable after-sales give. In 2006. Yuchai sold approximately 284,000 diesel engines and was consistently ranked No. 1 in unit sales by China Association of go Manufacturers. The affiliate's headquarters are based in Singapore. Singapore. For more information gratify tour.
Initiated by Wen Jiabao the Premier of China. China-ASESN Expo was organized to compound China-ASEAN comprehensive economic cooperation back up the building of China-ASEAN Free Trade Area and act mutual benefits and common prosperity. The China-ASEAN Expo focuses on regional economic and change cooperation and provides tremendous opportunities for the business communities within the region. China-ASEAN Expo was welcomed by the ASEAN leaders and attracted many top companies from Brunei. Cambodia. Indonesia. Lao. Malaysia. Myanmar. Philippines. Singapore. Thailand. Vietnam. Hong Kong and China.
The 4th China-ASEAN Expo and the 4th China-ASEAN Business and Investment Summit were held on Oct. 28-31. 2007 in Nanning. Guangxi Province. China.
Safe Harbor Statement This news release contains forward-looking statements within the meaning of the Private Securities Litigation ameliorate Act of 1995. The words "believe," "expect," "anticipate," "project," "targets," "optimistic," "intend," "aim," "ordain" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. These forward- looking statements are based on current expectations or beliefs including but not limited to statements concerning the affiliate's operations financial performance and condition. For this intend statements that are not statements of historical fact may be deemed to be forward-looking statements. The affiliate cautions that these statements by their nature involve risks and uncertainties and actual results may differ materially depending on a variety of important factors including those discussed in the affiliate's reports filed with the Securities and Exchange Commission from time to measure. The Company specifically disclaims any obligation to update the forward-looking information in the future.
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