March 23, 2023, Guangxi, China, On March 17, the world's first hybrid electric drive continuously variable transmission powertrain (IE-POWER) developed by Yuchai was launched in a centralized manner for supporting industry-leading brand tractors.

Chen Xuegeng, an academician of the Chinese Academy of Engineering and an expert in the design and manufacture of agricultural machinery, highly recognized this Yuchai product with completely independent intellectual property rights, which has played a great role in promoting agricultural modernization and mechanization. Yuchai took the lead in developing the world's first continuously variable transmission new energy powertrain for tractors, which not only injected new vitality into the high-quality development of the agricultural equipment industry, but also set a benchmark for the country's technological innovation. In terms of product performance and operating costs, hybrid power has obvious competitive advantages over pure electric power and traditional power markets.

Chen Zhi, president of the China Agricultural Machinery Industry Association, said that the hybrid electric drive continuously variable transmission powertrain launched by Yuchai is revolutionary and subversive in terms of technical route selection, and it has opened up a new path for the upgrading of tractor technology in China, and changed the long-term follower role of the country's tractor industry.

In recent years, the development of China's agricultural machinery equipment has achieved certain results and achieved the goal of a large agricultural machinery country, but there is still a long way to go. The hybrid electric drive continuously variable speed tractor released this time is comparable to the international advanced level in terms of the main data indicators of field operations. It is a high-level scientific and technological innovation product that responds to the national dual carbon goals and helps the construction of a strong agricultural country. It may become the leading product of agricultural machinery equipment power in the future.