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EcoMotors, Zhongding Sign Chinese Engine-Making Deal
EcoMotors International Inc. aims to start producing opposed-piston diesel engines next year at $200 million factory erected in Anhui province by partner Zhongding Holding Group Ltd.
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EcoMotors International Inc. aims to start producing opposed-piston diesel engines next year at $200 million factory erected in Anhui province by partner Zhongding Holding Group Ltd.
The production deal stems from negotiations begun three years ago.
EcoMotors CEO Don Runkel, a former executive at General Motors and Visteon, tells reporters he expects the first vehicles powered by the company's engines to debut in China in about two years. The partners expect to build the engines at an annual rate of 150,000 units.
The two-cylinder diesels are designed by Michigan-based EcoMotors. Promoters of opposed-piston engines say the powerplants are more fuel efficient and cheaper to manufacture than conventional diesel and gasoline engines.
Zhongding plans to market some of the plant's output to Chinese makers of electric generators and off-road and commercial vehicles. EcoMotors is pursuing its own customers in China and the U.S.
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