FOTON and Cummins Team up to Build a New Engine Plant in Thailand
As an emerging economy, ASEAN has become one of the regions with the greatest potential for development in the world. China, a long-term strategic partnership with ASEAN, has launched many policies such as the "One Belt, One Road" and "Go Global", to promote ASEAN a major investment destination for Chinese companies. In recent years, FOTON Motor has also expanded its operation in Southeast Asian countries, including Thailand, Malaysia and the Philippines. Now the share of its buses, trucks and special vehicles has been significantly increased and its reputation has been greatly enhanced in the region.
As a global power leader, Cummins has set up its Asia Pacific business headquarters in Singapore before entering the Chinese market. Its operations cover the entire South East Asia region, where a comprehensive service and distribution network have been set up after decades of explorations. With the export scale of Chinese commercial vehicles constantly expanding, it is increasingly important for Cummins to further improve its service and support system in Southeast Asia. By doing so, it can help its Chinese partners to quickly set up their sales and service systems and provide professional support on developing their business locally.
FOTON and Cummins have been working together for 17 years, from light duty to heavy duty engines, from complete engines to aftertreatment components, from simple manufacturing to Chain integration R&D, and from China to the world. The strategic cooperation between the two parties has set an example for the industry. Built on the previous partnership, both sides did extensive research on the market trend, laws and regulations, localization of engine plant before they made their final decision on setting an engine plant in Thailand. In the future, the two parties will use FOTON Cummins in Thailand to promote Foton's complete vehicle development in Southeast Asia.
As a supplier of main power components of automobiles, the new Thai engine plant will invest in a production line to produce all types of the diesel engines. The production line is flexible with production support and operation systems such as Oracle and CMES to integrate assembly, testing, painting and accessory production together to meet various requirements for products from the customers.
The Thai engine plant is scheduled to complete registration in 2023 and start production in 2024. It will be able to further boost sales and market share while enhancing its competitiveness, and eventually achieve the localization of supply chain system, sales and service system in ASEAN.
Views:0
Submit Your Requirements, We Are Always At Your Service.
- FOTON and Cummins Team up to Build a New Engine Plant in Thailand
- SANY Awarded as 2022 Forbes China TOP 50 Sustainable DEV Industrial Enterprises
- Daimler Trucks and Buses Signs Deal with XCMG Fire Fighting
- FAW Jiefang Sichuan Branch Was Officially Established
- Bus & Truck Expo Set to be Held in May 2023
- Yutong, SCG Signed MoU for Green Mining in Thailand
- CAT Displays Its First Battery Electric Large Mining Truck
- SANY Equipment Assists in Constructing Iraqi Airport
- Over 5000 Swappable Battery Heavy Trucks Were in Operation in Tangshan
- Iveco Group Attends China International Import Expo(CIIE) 2022
- 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
- China's Truck Exports Grew by 42% YOY to 53,000 Units in November
- Heavy Truck Sales in China Fell by 9% YoY to 46000 Units in Nov.
- Farizon Continues to Be at the Top of the Industry
- FAW Jiefang Achieved a 25% MoM Increase in Medium and Heavy-duty Trucks in Oct.
- September Pickup Truck Sales Went up 9.4% from August in China
- FARIZON New Energy Light Trucks Took the First Place for 9 Consecutive Months
