(Yicai Global) Nov. 22 -- Shandong-based auto parts manufacturer Weichai Power Co. [SHE:000338, HKG:2338], and German machinery giant Robert Bosch GmbH will jointly develop hydrogen fuel cells and related components for commercial vehicles, the company said in a press briefing yesterday.
Bosch brings more than 10 years of experience in fuel cells will also help Weichai Power to build plants and improve intelligence and automation features.
Weichai aims to achieve industrialization on larger-scale applications through the project. The firm makes products used in heavy vehicles, buses, construction machinery and high-power generators. Its diesel engines enjoy an average market share of more than 75 percent in China's heavy-duty truck and construction machinery market.