At 5 pm on August 8, 2020, Weichai Power and Foton Motor signed a strategic cooperation framework agreement at the Weichai Power headquarters in Weifang, Shandong. Weifang Municipal Party Committee and Mayor Tian Qingying, BAIC Group General Manager and Foton Motor Chairman Zhang Xiyong, Foton Motor Party Secretary and General Manager Gong Yueqiong, and Weichai Power Chairman Tan Xuguang attended the signing ceremony.

 Weichai Power and Foton Motor have a solid foundation for long-term cooperation. According to the cooperation framework agreement, the two parties will give full play to their respective advantages and carry out in-depth cooperation in the field of diesel engines with 2.0L and 2.5L displacement. Through the establishment of a full-chain collaboration of R&D, manufacturing, procurement, and market development, we will work together to build the highest-end small-bore diesel engine industry chain manufacturing base at home and abroad in Weifang, Shandong, and provide world-class products and services to global customers.

In the past 20 years, Weichai Power and Foton Motor have conducted in-depth cooperation in various fields from a single supporting heavy truck to passenger cars and construction machinery; from a single supply of engines to the provision of golden powertrains for engines, gearboxes and axles, the breadth and depth of cooperation between the two parties Keep expanding.

This time Weichai Power and Foton Motor once again joined hands to share technology, manufacturing and market resources in small-bore diesel engines, revitalize stock assets, achieve mass production goals, reduce costs, and provide the society with the best small-bore diesel engines, deeply integrated into the country The new pattern of international dual-cycle development, to jointly participate in global competition, to achieve a combination of strong and powerful, complementary advantages, to seek development through cooperation, and achieve a win-win situation through development. Editor/Zhang Jianbing