GAC and Yuchai Sign Cooperation Agreement to Develop Medium and Heavy Commercial Vehicles

Guangzhou Automobile Group Co., Ltd. and Guangxi Yuchai Machinery Co., Ltd. formally signed a strategic cooperation framework agreement in Nanning. This marks a substantial step toward comprehensive strategic cooperation between GAC Group and Yuchai Machinery. The two parties will play their respective advantages and achieve the goal of strong alliance and mutual benefit.

According to the agreement, the two parties will carry out independent technological innovation and cooperation in new energy sources such as passenger car power, hybrid power and gas, and jointly promote the cooperation of medium- and heavy-duty commercial vehicles.

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