On July 20, Yutong Bus Energy Conservation and New Energy Base held a groundbreaking ceremony in Zhengzhou. It is reported that the construction period of the base is one year. After the completion, the energy-saving and new energy passenger vehicle production capacity of Yutong will reach 10,000 vehicles.

Prior to this, Yutong Bus formulated a phased market goal for energy-saving and new energy buses: In 2012, it launched hybrid city buses from 10m to 18m and pure electric city buses from 7m to 14m; in 2015, it achieved market energy saving and new energy. Full coverage of passenger car products. On this basis, the overall development goal set by Yutong Bus: In 2012, the production capacity of 50,000 high-end passenger cars will be dominated by large and medium-sized passenger cars. The sales revenue will exceed RMB 18 billion, and the domestic market share of large and medium-sized passenger cars will reach four. More than one point, total domestic and international sales accounted for more than 10% of the world's share.

Among them, the Yutong Bus Plug-in Hybrid City Bus industrialization technology research project has been selected into the national "Twelfth Five-Year Plan" 863 Plan, and is the only passenger car enterprise project among them. It is expected that it can be scaled up and promoted in 2013. Yutong Group Co., Ltd. is a large-scale enterprise group with passenger cars as its core and strategic machinery, auto parts and real estate as strategic businesses, taking into account other investment businesses. Its headquarters is located in Zhengzhou City, Henan Province. In 2009, Yutong Group ranked No. 308 for the seventh consecutive year in the "China's Top 500 Enterprise Groups" issued by the National Bureau of Statistics and continued to lead the Chinese bus industry.

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