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China Yuchai, Rolls-Royce Launch Second Phase of Joint Venture for Expanded Engine Output
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China Yuchai, Rolls-Royce Launch Second Phase of Joint Venture for Expanded Engine Output
Aug 13, 2024 8:25 AM

11:13 AM EDT, 08/13/2024 (MT Newswires) -- China Yuchai International ( CYD ) said Tuesday its subsidiary Guangxi Yuchai Machinery and Rolls-Royce's power systems division agreed to a second phase of their joint venture, MTU Yuchai Power.

The venture plans to expand the production and localization of mtu Series 4000 engines for power generation and oil and gas sectors. The venture will also start producing and selling mtu Series 2000 and Yuchai VC series diesel engines.

Mass production and operation will begin in H2 2025, the company said.

Price: 10.76, Change: +0.07, Percent Change: +0.65

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