Rolls-Royce, China Yuchai To Jointly Produce MTU Engines - Quick Facts

(RTTNews) - MTU Friedrichshafen GmbH, a subsidiary of Rolls-Royce Power Systems, and China Yuchai International Limited's main operating subsidiary, Guangxi Yuchai Machinery Company Ltd. have signed an agreement to set up a 50/50 joint venture for the production, under licence from MTU, of MTU diesel engines in China. Each party will invest RMB 75 million in the joint venture. The joint venture will open up new growth opportunities for both partners, particularly in China and Asia.

The companies said the joint venture will produce MTU Series 4000 diesel engines compliant with China Tier 3 emission standards with power outputs ranging from 1400 to 3490 kW, primarily for the Chinese off-highway market, in particular for power generation and oil & gas applications.