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Industry News

Beijing Will Build the World's Largest Production Base of Automobile Engines

Source: author of Xinhua net Author£ºadmin Hits£º9490 Time£º2009/7/15 9:28:42
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Beijing Foton Cummins Engine Co., Ltd., with the total investment of 2.7 billion, is formally put into operation on the June 9, together with the existing project of Ollin and the planning project of Gasoline Direct Injection Engines. Beijing will build the world's largest automotive engine production base with the annual production of one million units in the future.

The reporter learned from Foton that Beijing Foton Cummins Engine Co., Ltd. is a joint venture, founded with the world's largest independent engine manufacturer Cummins. Its products are the world's most advanced diesel engines of 2.8 liters and 3.8 liters, and its annual output is 400,000 units. Both the engines have never been put into operation anywhere else in the world, so they are really brand-new products, and will be produced by Beijing Foton Cummins Engine Co., Ltd. only in the future.

According to reports, the eight exclusive world's leading technologies of these two engines will make the company’s cars be the overall leader in goals such as driving force, quality, fuel consumption, emissions and so on. At the same time, these two engines will be able to lead its automotive products to overcome the emission barriers of all countries across the world's, and greatly enhance the competence in overseas markets, especially the in developed countries.

By 2010, Foton will have achieved annual sales from 800,000 to 1,000,000, of which sales in overseas markets will account for 20%. The production of the two engines will lay a solid foundation for it. In addition, Foton and Cummins also have signed the EU 5 Product Technology Licensing Contracts, and will bring meeting the EU 5 and EU 6 emission standards for engine research and development on the scheme.