Diesel manufacturer China Yuchai creates joint venture with Geely and Yinlun

If you thought that only Europeans were interested in diesel engines for cars, think again. China Yuchai, China's largest diesel engine manufacturer, automaker Geely and and auto parts manufacturer Yinlun have announced a joint venture to manufacture and distribute a 2.0 liter diesel engine to use in passenger cars. The initial production figure is 100,000 engines from two locations (Tiantai, Zhejiang Province and Jining, Shandong Province) although, if certain conditions are met, they could raise production to up to 300,000 engines per year.
Geely will develop the first-generation prototype of the diesel engine and will purchase everything needed from the joint venture. Then the joint venture will continue the development of this technology and diesel engine, including making it Euro V compliant to meet China's evolving emissions standards.

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[Source: China Yuchai]