Weichai Power released the world's first diesel engine with thermal efficiency of 51.09%

China New Energy Commercial Vehicles Market - Growth, Electrification Trend And Forecasts

As the market for new energy vehicles continues to surge in most major economies, the competition has become fierce in the field of new energy passenger cars. However,a specific type of vehicle, commercial vehicles, including buses and trucks, is still a blue ocean market, with plenty of opportunities. The commercial vehicle industry is still in its early stage in pursuing electrification, and there is a lot of room to explore different technological routes.

Weichai Power Plans to Spin Off Torch Technology and List it on GEM

The large manufacturer will focus on its core business through this spin-off and help Torch Technology raise enough funds for its research.

Weichai Power: Engine Sales Volume Reaches 1 Mn

As a leading engine manufacturer in the world, the company keeps researching high-efficiency technology and has built the largest cluster in the global diesel engine market.

Rise of China's Automotive Sector Triggers Weichai Power's Innovation

Against the background of electrification and intelligence, the car industry is expected to improve its price and quality in the next two years.

Weichai Power Wants Hydrogen to Fuel Us – and Itself

Weichai Power announced that it would insist on developing hydrogen fuel, no matter how the social support for this might wax or wane. The technology is most appropriate for commercial vehicles – a convenient way for the firm to develop.