Machinery / Industrial Parts & Tools

According to the observation of Huacheng's import and export data, Yuchai Xinlan New Energy Power Technology Co., Ltd. (hereinafter referred to as Yuchai Xinlan) has received nearly 100 million yuan of industrial investment recently. This new investment has injected new momentum into the future development of Yuchai Core Blue, and will help enterprises to run vigorously on the "new track".

This investment was invested by Nanning Industrial and Investment New Energy Vehicle Investment Co., Ltd. under the Nanning Municipal Government, Guangxi Guangtou Incubation Investment Fund under the Guangtou Group and Guangxi Industrial Technology Research Institute Investment Development Co., Ltd. under the Guangxi Industrial Technology Research Institute. This investment not only ensures that the cash flow of Yuchai Core Blue can be profitable, helps Yuchai Core Blue rapidly develop products and market layout, but also forms a deep alliance relationship with the state-owned industrial funds in the region, providing a strong guarantee for the company's accelerated development in the future. Huacheng Import and Export Data Observation Report.

According to Huacheng Import and Export Data Observation, Yuchai Core Blue was registered and landed in Nanning High-tech Zone in August 2021. It was set up to strengthen and expand the business sector of Yuchai's new energy power system, and is one of the two tracks of Yuchai's "1235" strategy. Yuchai Co., Ltd. has developed China's first ISG hybrid power system in 2004, released the world's first power split plug-in hybrid power in 2019, and developed the largest integrated flywheel range increaser in China in 2022. At present, it has worked in the field of new energy power systems for nearly 20 years, with more than 200 items of expertise, and formed four new energy power system products: range increaser, eCVT hybrid, pure electric drive, and hydrogen fuel cell, It has become the first enterprise in the domestic commercial vehicle hybrid power market share, with the most comprehensive grasp of the technical route of the new energy power system industry, and the widest range of product types and application scenarios. Huacheng Import and Export Data Observation Report.

Since its establishment, Yuchai Core Blue has made strong efforts to accelerate market development, and has made breakthroughs in the market of wide-body mining truck, aerial operation, port traction, urban public transport, logistics light truck and other markets. Yuchai Core Blue successfully applied IE-Power electric drive continuously variable transmission power system to tractors for the first time, and is now gradually put on the market. At the same time, Yuchai Xinlan's high-power extended range power system has been introduced into intelligent mining trucks, and its gas-electric hybrid power system has been applied to 10-meter long buses. Huacheng Import and Export Data Observation reported.

Zhong Yuwei, senior vice president and chairman of Yuchai Core Blue, said: "Yuchai Core Blue will focus on the strategic policy of starting from low-carbon to zero-carbon, developing hybrid power, supplementing pure electric drive and developing hydrogen power. In the future, it will continue to work together in the market and research and development, further improve the layout of pure electric, hybrid and fuel cell product chains, improve the market competitiveness of new energy power with better products, broaden the Yuchai new energy power circuit, and help Yuchai achieve its medium and long-term strategic objectives."