Yuchai is Shortlisted for the top 100 Global Automotive Supply Chains in 2024
August 30,2024
Recently, the "2024 Global Automotive Supply Chain Core Enterprise Competitiveness White Paper" jointly released by China Automotive News and Roland Berger was officially released. With its outstanding innovation capabilities and excellent market performance, Yuchai ranked 78th in the "Global Automotive Supply Chain Top 100" list. This achievement demonstrates Yuchai's important position and strong competitiveness in the global automotive supply chain.
In recent years, Yuchai has continued to deepen its layout in the fields of clean power systems, energy-saving and environmental protection technologies, and intelligent manufacturing, and has taken the lead in launching a number of innovative products with pioneering significance, including the world's first hybrid electric drive continuously variable powertrain, China's largest displacement and horsepower hydrogen-fired engine, China's first flexible fuel power platform to achieve commercial operation, China's first batch of National VI diesel engines that meet the fourth-stage fuel consumption standards, and China's first megawatt-level gas-fired power generation power with a power generation efficiency exceeding 42%.
While the traditional engine market maintains steady growth, Yuchai actively promotes business diversification, especially the development of overseas markets has made significant progress. In 2023, Yuchai's export of engines increased by nearly 30% year-on-year.
The White Paper points out that the global automotive industry is rapidly transforming towards electrification and intelligence, a trend that has brought new opportunities and challenges to auto parts companies. With its profound technical accumulation and keen insight into market trends, Yuchai will steadily move forward in this transformation process, continue to be committed to technological innovation and quality improvement, and promote greater breakthroughs in the Chinese automotive industry on the global stage.
In recent years, Yuchai has continued to deepen its layout in the fields of clean power systems, energy-saving and environmental protection technologies, and intelligent manufacturing, and has taken the lead in launching a number of innovative products with pioneering significance, including the world's first hybrid electric drive continuously variable powertrain, China's largest displacement and horsepower hydrogen-fired engine, China's first flexible fuel power platform to achieve commercial operation, China's first batch of National VI diesel engines that meet the fourth-stage fuel consumption standards, and China's first megawatt-level gas-fired power generation power with a power generation efficiency exceeding 42%.
While the traditional engine market maintains steady growth, Yuchai actively promotes business diversification, especially the development of overseas markets has made significant progress. In 2023, Yuchai's export of engines increased by nearly 30% year-on-year.
The White Paper points out that the global automotive industry is rapidly transforming towards electrification and intelligence, a trend that has brought new opportunities and challenges to auto parts companies. With its profound technical accumulation and keen insight into market trends, Yuchai will steadily move forward in this transformation process, continue to be committed to technological innovation and quality improvement, and promote greater breakthroughs in the Chinese automotive industry on the global stage.
Source : www.chinaspv.com
Editor : Olivia
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Tags: Yuchai
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