Great Wall Commercial Vehicle and Yuchai Strategic Cooperation Plan to Upgrade New Energy Commercial Vehicle Technology

November twenty third，Great Wall Commercial Vehicle If Technology Co., Ltd.、Great Wall Heavy Industry and Guangxi Yuchai Machinery Co., Ltd.（Short name：Yuchai, Guangxi）Signing of strategic cooperation agreement，The three parties will rely on their respective advantages.，Power systems for new energy commercial Vehicles and heavy industry products、Carry out comprehensive cooperation in Vehicle development and application，Jointly promote the development of new energy industry，Boost our country“Double Carbon”Goal achieved。

Focus on technological breakthroughs in new energy power systems

Enabling green transportation

Based on the new situation of the country.“Double Carbon”Strategy，Commercial vehicle companies are facing a major strategic opportunity for new energy transformation.。According to the agreement，If technology、Great Wall Heavy Industries and Guangxi Yuchai will focus on pure electric systems for commercial vehicles、Hydrogen power system、Technological breakthroughs and product production in hybrid special power system, etc.，Jointly provide product solutions and services to customers in the logistics and construction machinery industries。

In order to achieve complementary advantages，Common development。The three parties will play their respective advantages.，Establish a new energy power system technology co-creation system。On time、Market information on demand、Industry dynamics、In-depth exchanges on technological innovation and other aspects，And strengthen market expansion、Cooperation in ecological construction，Realize the information penetration from the user side to the R & D side，Direct continuous optimization of powertrain solutions，Innovative new energy commercial vehicle products，Enabling green and low-carbon development of transportation。

Strong alliance to promote the upgrading of new energy commercial vehicles

Accelerate the replacement of traditional heavy Trucks

Guangxi Yuchai is a professional commercial vehicle engine and power system solution provider in China.，It is a major commercial vehicle in China.、Construction machinery、Agricultural Machinery、Marine machinery and other enterprises preferred supporting power.。The Great Wall commercial vehicle relies on the Great Wall forest ecology.，Working through hydrogen energy、Pure electric、Hybrid power and other new energy technologies and digital solutions，Promote energy reform and mode innovation in commercial vehicle industry。

At present，China's new energy commercial vehicles are still in the early stage of development.，Especially the new energy heavy Truck，Although the market continues to grow，But the overall share is still at a low point.。The cooperation between Great Wall Commercial Vehicle and Guangxi Yuchai，It will further stimulate the advantages of both sides.，Promote the technological upgrading of new energy commercial vehicles，Especially in the field of hybrid special power system.，Or will accelerate the replacement of traditional fuel heavy Trucks.。

With the deepening of cooperation between Ruo Science and Technology and Yuchai, Guangxi，Foreseeable，Co-creation through technology、Model co-creation，In the future, the two sides will rely on the pure electric system.、Hydrogen power system、Technological breakthroughs in hybrid special power system, etc.，Enabling Great Wall Commercial Vehicle Product Innovation，Provide low-carbon full-scene solutions for global customers and partners，Helping to drive the energy revolution，Building a Green and Beautiful Future Together。

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