China Yuchai Announces Two Large International Bus Engine Orders
2017-06-26 Source:www.chinabuses.org
Summarize:China Yuchai announced that engines produced by its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ( "GYMCL ") have won new orders for the supply of bus engines to Myanmar and Saudi Arabia
www.chinabuses.org: China Yuchai announced that engines produced by its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL") have won new orders for the supply of bus engines to Myanmar and Saudi Arabia.
GYMCL received an initial order for 2,000 of its YC6G260N heavy-duty natural gas engines to power buses to be used in Rangoon's upgraded public transportation system. A further 1000 engines are expected to be ordered during the second phase of the upgrade. The YC6G260N engine has a displacement of 7.8 liters and is compliant with Euro V emission standards. GYMCL is the exclusive engine provider due to its reputation for excellent product quality and outstanding services.Rangoon is an economic hub as well as Myanmar's largest city with a population of nearly 4.4 million. This order coincides with the Chinese government's "One Belt One Road" initiative to increase economic cooperation between China and European and Asian countries.
GYMCL also won an order for the supply of 600 YC6MK engines to equip the Ankai A9 high-end buses for the Saudi Arabian market. The YC6MK heavy-duty engine has a displacement of 10.3 liters and is designed to propel larger buses. It is compliant with Euro IV and Euro V emission standards. GYMCL has an approximate 66% of the market share of the Saudi Arabian bus engine market.
Mr. Weng Ming Hoh, President of China Yuchai, commented, "We continue to see increased penetration of the overseas markets due to our extensive engine portfolio meeting the needs of a wide variety of customers."
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