Zhejiang Geely Holding Group Co., Ltd. has already cooperated with China Yuchai International Co., Ltd. to prepare 2.0L passenger car diesel engine in 2009 for use in Geely's export models. The name of the specific model is not yet known. It is speculated that it may be Geely's vision.
Guangxi Yuchai Machinery Co., Ltd. (China Yuchai Subsidiary) and Geely Group have already established two joint ventures in Zhejiang Tiantai and Jining, Shandong. Among them, Guangxi Yuchai holds 52% of the two joint ventures, Geely holds 30%, and the remaining 18% is held by Zhejiang Yinlun Machinery Co., Ltd. The two joint ventures will produce a 2.0-liter diesel engine that is expected to meet Euro 5 emission standards. It is understood that 1.8 litre and 1.6 litre diesel engines will also be produced.
The initial two joint ventures had an annual production capacity of 50,000 units and a total of 100,000 units. The total production capacity in the upcoming year can be increased to 300,000 units.
In the draft of the "Guidance Catalogue for Industrial Structure Adjustment" published by the Development and Reform Commission in December last year, the "advanced development and manufacture of diesel engines for cars" was encouraged to be cancelled. Geely's diesel vehicles will be mainly used for export.
View related topics: Yuchai won the "China Brand Annual Award NO.1" (internal combustion engine) title in 2007
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