Yuchai Group For this matter, we see it this way:
First of all, from the vantage point of the methanol car, the methanol car has the unparalleled advantages of the diesel car. The first is to reduce soot particulate emissions. According to calculations, if 30% methanol and diesel are blended, it can reduce carbon dioxide emissions by more than 10%. In addition, the use of methanol mixed with burning, without the help of urea can achieve more than 4 national emissions regulations. The second is to save energy. If methanol is used in a heavy vehicle, for example, a 10 litre engine of a mainstream transport vehicle is used. The fuel consumption of the vehicle is generally 40 liters/100 kilometers, the average annual mileage is 150,000 kilometers, and 60,000 liters of diesel are consumed. According to the actual operation of replacing 30%-40% diesel fuel, it can save 15%-20% of the fuel cost.
Second, from the macro-environmental point of view, China has fully met the conditions for large-scale adoption of methanol vehicles. China is a big country with big coal production. The current economic downturn, and the coal industry in Shanxi, Inner Mongolia and other places have been hit hard, with a serious surplus of coal. Coal is a raw material for the production of methanol. By promoting the methanol industry, it can promote the transformation of coal mining to some extent. Therefore, both Shanxi and Inner Mongolia hope to solve the problem of excess coal production capacity in the province through this approach.
Again, the technical advantages of the three parties determine the prospect of cooperation. Yuchai has leading technological advantages in the engine industry. When developing diesel engines as early as possible, Yuchai has conducted in-depth research on the feasibility of various alternative energy engines and has accumulated a profound technical foundation; Hong Kong EFI Technology Limited (FIT) Limited The company controls the core components of the methanol diesel engine and is the first company in mainland China to have intellectual property rights for its own engine EFI system products. In 2007, the methanol dual fuel flexible control system technology developed by Hong Kong EFI Technology Co., Ltd. It has been widely used; Beiben is located in Baotou and is strongly supported by the Inner Mongolian government. It has unique advantages in vehicle technology. Combining the advantages of the three companies, the final decision on this cooperation is worth the wait.
Finally, from the perspective of marketing, in the domestic market, many companies have seen the business opportunities of methanol cars. Geely Automobile invested in and built a plant in Jinzhong to produce methanol cars. This time, Yuchai and Beiben, Hong Kong Electronic Spray Technology Co., Ltd. in the cooperation revealed that it will exert its strength in overseas markets and ensure that the trilateral cooperation can be widely used at home and abroad.
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