News & Events
Weichai America invests $60 million, accounted for 41% of shares, in Power Solutions International (PSI), making Weichai America the largest shareholder of PSI.
Power Solutions International, (Nasdaq:PSIX) is a leader in the design, engineer and manufacture of emissions-certified, alternative-fuel power systems. The two companies have also agreed to a strategic collaboration agreement under which they will work together to accelerate market penetration opportunities for each company’s respective product lines across various geographic markets and end user segments. Through the alliance, PSI will gain access to Weichai’s international manufacturing facilities and supply chain network.
Shaojun Sun, executive president of Weichai commented, "Our strategic investment into PSI will further enhance Weichai’s globalization strategy and brand recognition by strengthening our presence in the key North American markets. Our collaboration with PSI will create synergies particularly in the areas of product manufacturing, sales and marketing and cost reduction by leveraging the experience, expertise and resources of Weichai and PSI, and will lay a solid foundation for PSI’s future growth in the Chinese and other new markets."
Weichai America have successfully finished the first production-line testing in Sacramento, CA. This is the first production-line testing in Weichai America by randomly selecting the engines from the production-line based on the projected volume and testing them in a third party lab. The emissions data are very close to those tested in the certification test thanks to all the efforts from different departments.
This is the first time of the rich-burn engine families for North American application. The nonemergency family will allow a wide range of fuel operation from 700 to 2362 BTU/CF of LHV, covering commercial pipeline natural gas, LPG, and most of the wellhead gas in oil and gas filed.
Weichai America is proud to offer the North American market a durable, reliable, clean burning, competitively priced alternative for nonroad and stationary applications. We encourage you to learn more about the Company and products on this website (www.WeichaiAmerica.com).
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Weichai America is pleased to announce that it has received EPA certification on the first of its family of Natural Gas off-road engines for North American application. The engineers at Weichai America’s North American headquarters in Rolling Meadows, IL have been working to utilize commercial heavy duty diesel-based products, with emissions technology from local well-known and proven suppliers. Weichai America is excited to have the WP10NG, 10L Natural Gas engine, officially launched with EPA certification, and proud to offer the North American market a durable, reliable, clean burning, competitively priced alternative for off road applications. The first certifications are for Emergency/Standby Applications rated at 225 kW, and Non-Emergency/Primary power rated at 175 kW. As the first of the planned FULL LINE OF NG ENGINES, we encourage you to learn more about the Company and products on this website (www.WeichaiAmerica.com) and/or in the recent article on Diesel Progress’s website which can be found using this link