Eaton and Shaanxi Fast Gear Announce a Joint Venture
Eaton and Shaanxi Fast Gear have announced they have signed a joint venture agreement to manufacture manual transmissions for light-duty commercial vehicles.
The planned joint venture will be based in the High Tech Zone of Baoji City, Shaanxi Province, China, and will develop, manufacture, sell, and service manual transmissions for the large and fast growing light-duty truck market in China. In addition, the joint venture will sell its products throughout the rest of Asia-Pacific, Eastern Europe, and Africa.
"We are pleased to announce our new joint venture with SFGW," said João Faria, president, Eaton Vehicle Group. "Eaton's efficient transmission solutions, combined with SFGW's infrastructure and current light-duty transmission portfolio, will strengthen our collective goal to help light-duty commercial vehicle OEMs meet increasing regulations for improved fuel economy and performance."
SFGW, headquartered in Xi'an, China, will own a 51 percent interest in the new joint venture. Eaton will own a 49 percent interest.
Eaton and SFGW are currently partners in a joint venture, Fast Eaton Clutch, that develops, manufactures, and services clutches and associated clutch components in China. Fast Eaton Clutch is based in Xi'an, China, and has seen a significant increase in sales since starting operations in 2014. (www.chinatrucks.com)
Views:0
- FAST E-SHIFT's Overseas Orders Continue to Grow 2022-12-15
- CATL Collaborates with VinFast to Promote Global E-mobility 2022-11-01
- 4200 Units! Why FAST Hydraulic Retarder Is So Popular in Overseas Market 2022-08-25
- FAST Transmissions Were exported to Sumatra, Indonesia 2022-07-12
- Fast EMT 6E240 Transmission Batch Matching 2022-03-21
- Beiben Exports AMT-equipped Dump Trucks to Zambia 2021-09-13
- Light Trucks with FAST 4E50 Electric Drivelines to Arrive in Colombia 2021-06-09
- FAST Transmission Helps Support Overseas Economic Recovery 2020-05-28
- FAST Integrated AMT Wins 2019 Transmission Technology Award 2019-12-20
- The 9 Millionth FAST Transmission Roll Off the Assembly Line 2019-12-19
Submit Your Requirements, We Are Always At Your Service.
- Sale of the New MAN eTruck Starts
- Scania Adds Powertrain Production to Its Production Base in Rugao, China
- FOTON and Piaggio Group Extend Their Partnership to Electric Light CVs
- Notice of Office Closure During National Day Holiday
- SANY Attends Construction Indonesia 2023
- SANY's Vietnam Subsidiary Grandly Opened in Hanoi
- XCMG Leads the Way in Sustainable Manufacturing
- 2023 Global Energy Transition High-level Forum Opened in Beijing
- SINOTRUK Attends Mining Indonesia 2023
- BYD Ranks in Top 10 Kantar BrandZ Most Valuable Global Brands in Auto Category
- China Exported 507,000 Trucks from Jan.-Sept., Up 21% YoY
- China Exported 65,000 Trucks in July, Up 17% YoY
- Half Year Review of Commercial Vehicle Sales
- China Exported 63,000 Trucks in May, Up 33% YoY
- Top 10 Best-selling Battery-swapping Heavy Trucks in China in April
- China Exported 158,000 Trucks in Q1, Up 41% YoY
- China’s Truck Exports Grew by 43.8% YoY to 46600 Units in Feb., 2023
- China’s Heavy Truck Sales Rising 29% YOY to 77200 in Feb
- China Exports 567,000 Trucks in 2022, Hitting a New High in a Decade
- China’s Pickup Exports Jumped 65% YOY in 2022