Yuchai Engines Win Truck Fuel Economy Championships
OREANDA-NEWS. December 23, 2014. China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that trucks equipped with its YC6K12 diesel and YC6K13N liquid natural gas ("LNG") engines won first place in their respective categories at the Seventh China International Truck Fuel Economy Competition held in Beijing.
The competition was hosted by China Automotive News, the China Automobile Technology and Research Center and China Dingyuan Automobile Testing Center.
The YC6K12 diesel and YC6K13N engines are produced by Y&C Engine Co., Ltd. ("Y&C"). Y&C is a joint venture of China Yuchai's main operating subsidiary, Guangxi Yuchai Machinery Company Limited with Shenzhen City Jiusi Investment Management Co., Ltd. and Jirui United Heavy Industry Co., Ltd, a company jointly established by China International Marine Containers Group Ltd. and Chery Automobile Co., Ltd.
The YC6K13N engine has the highest torque power among similar-sized gas engines. By utilizing lean-burn technology, it reduces average energy consumption by 25% compared with a diesel engine of comparable size and power. This 13-liter engine uses 0.8kg/ton of fuel per 100 kilometers. It is compliant with Euro V emission standards.
The YC6K12 diesel engine was independently developed by Y&C to meet advanced world standards in areas such as fuel consumption and weight. It applies high reliability technology enhancing the engine's dependability and utilizes innovative technologies such as more accurate combustion and electronic control as well as high-strength materials and a high-efficiency engine cooling system which substantially extends the engine's useful life. This is an advanced 12-liter engine compliant with Euro V and VI emission standards.
Mr. Weng Ming Hoh, President of China Yuchai, commented, "These awards are an endorsement to the effectiveness of our research and development ("R&D") program to create market-leading engines to maintain our leadership in the world's largest automotive market. Over the last two years, we have launched 20 new engines including a suite of natural gas and high horsepower engines. We continue to invest in R&D to continually introduce new and improved engines which will position us to increase our share across the different market segments."
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