Jiefang Forms R&D Joint Venture for Commercial Vehicles with Five Companies
With a shared vision to popularize full cell electric vehicles (FCEV) in China, six companies, including FAW Group Co., Ltd., Dongfeng Motor Corporation, Guangzhou Automobile Group Co., Ltd., Beijing Automotive Group Co., Ltd., Beijing SinoHytec Co., Ltd. and Toyota Motor Corporation, signed a joint venture agreement for the establishment of United Fuel Cell System R&D(Beijing)Co., Ltd. (FCRD) on June 5 in Beijing.
According to the agreement, the primary business of the joint venture will be the development of fuel cell systems for commercial vehicles to contribute to the realization of a clean mobility society in China. Each company will invest in the joint venture. Dong Changzheng will be appointed chairman while Ryu Akita will be chief executive officer (CEO). The joint venture will be officially established in Beijing during this year, according to the agreement.
The six companies will engage in a series of technological R&D from components including FC stacks and FC system controls, to vehicle installation. By doing this, the time from development to commercialization will be substantially reduced, making it possible to accelerate the pace of popularization of FCEV in the Chinese commercial vehicle market.
The joint venture aims to facilitate the realization of a hydrogen-based society in China by developing and promoting fuel cell electric vehicles, and contribute to solving environmental issues including reducing CO2 emissions and easing air pollution and make its contribution to the formation of a better mobility society in China.
FAW is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China’s oldest and largest automotive group. Annual sales exceed three million units.
- China Sold 16,700 Units Medium Trucks in May 2020-06-26
- Handover Ceremony for 100 Jiefang&XCMG Cranes Was Held 2020-05-13
- Weichai Opens Hydrogen Fuel Cell Plant in China 2020-04-02
- First 10 JMC Weilong Fuel Cell Trucks Delivered to Customer 2020-03-20
- SAIC Brings Five Fuel Cell Vehicles on Display in Qingdao 2019-11-20
- Hyundai Motor Company and Cummins to Collaborate on Hydrogen Fuel Cell Tech 2019-09-29
- Weichai Power Joins Hands with Bosch in Developing Fuel Cells 2017-11-24
- China’s First Hydrogen Fuel Terminal Tractor Comes into Being 2017-07-21
- World’s First Fuel Cell Electric Delivery Truck Launched by UPS 2017-05-11
- Methanol Fuel to Become a Shinning Star in Commercial Vehicle Industry 2016-11-22
Submit Your Requirements, We Are Always At Your Service.
- Jiefang Forms R&D Joint Venture for Commercial Vehicles with Five Companies
- SANY Signs Cooperation with Tencent to Boost Digitalization
- Unmanned Driving Highlights SANY's Solution to Intelligent Mining
- XCMG Bank Brazil Opens for Business
- California Adopts First-ever Rules on Zero-emission Trucks, Buses
- Bus & Truck Expo to be Held on Aug. 10-12, 2020
- The 127th Canton Fair Kicks Off Online
- FULONGMA Donates Anti-epidemic Materials to Shanghai International Resort
- JAC and VW Sign Intention to Intensify Cooperation on Automobile Electrification
- Jiefang New Gen J7+ Intelligent Heavy-duty Truck Makes its Debut in Suzhou
C&C Trucks Co., Ltd.
C&C Trucks Co , Ltd (C&C Trucks), located in Sanshan Economic Development Zone, Wuhu, Anhui Province, a holding company under China International Marine Containers (Group) Co , Ltd (CIMC), is a large heavy truck enterprise integrating the research and development, production
- China’s Tractor Sales Amounted to 85,900 Units in June
- Foton Hit a New Record High with 320,000 Vehicles Sold in H1
- China Sold 810,000 Units Heavy-duty Trucks in H1
- Pickup Truck Sales Up 35 Percent in May
- China Sold 16,700 Units Medium Trucks in May
- CNHTC Sold Over 4,400 Units Natural Gas Powered Heavy-duty Trucks in May
- FAW Jiefang’s Sales Volume Grew by 27% from Jan. to May
- China Sold 175,000 Units Heavy-duty Trucks in May
- Hongyan Heavy-Duty Truck Sales Hit 10 Thousand Units in May
- 6.3 Thousand National Ⅵ Heavy-duty Trucks Were Sold in Jan-April