IAA 2024: ZF, Foton Expand Partnership to Hybrid Transmission for China Market
On September 16, 2024, during the IAA Transportation 2024 in Hannover, Foton and ZF signed a strategic cooperation agreement. According to the agreement, the two companies will collaborate to introduce advanced hybrid drive systems to the Chinese commercial vehicle market, to aid decarbonization and support the transition to new energy.
The signing ceremony was attended by Foton' Vice President Cui Shipeng and ZF's Head of Commercial Vehicle Solutions Transmission and Hybrid Products, Christian Feldhaus. Also present were Foton' Chairman Chang Rui, Executive Vice President Lu Zhenghua, as well as ZF Group Board Member and Head of Commercial Vehicle Solutions, Peter Laier, and Yu Sujie, President of ZF’s Asia Pacific Commercial Vehicle Solutions Division.
Under this agreement, ZF will develop the TraXon 2 Hybrid transmission system for heavy-duty trucks. The joint venture, ZF Foton Automatic Transmission (Jiaxing) Co., Ltd., will have exclusive rights to this technology in China and will be responsible for manufacturing this innovative product.
As the industry transitions to new energy, hybrid technology is gaining significant attention. The TraXon 2 Hybrid system builds on the efficient design of the TraXon 2 transmission and includes high-power and high-torque hybrid modules. By intelligently integrating electric and traditional power sources, this system enhances overall efficiency, reduces fuel consumption, and extends vehicle range. It offers significant economic benefits for logistics companies and fleet operators. The system is versatile, integrating seamlessly with various vehicle structures, making it suitable for both full hybrid and plug-in hybrid heavy-duty commercial vehicles. The technology is expected to start production in China by 2026 and will be rolled out globally thereafter.
Peter Laier, Head of Commercial Vehicle Solutions at ZF Group, stated, “Our partnership with Foton leverages both our resources and strengths to accelerate the development of hybrid solutions and bring them efficiently to the Chinese and global markets. Launching the new hybrid transmission system in China first demonstrates ZF's commitment to advancing China's new energy vehicle transformation and promoting green development in commercial vehicles.”
Foton Chairman Chang Rui commented, “Foton Motor is committed to green and low-carbon development. Hybrid systems are a crucial part of our strategy to drive global commercial vehicle new energy development in collaboration with ZF. This strategic agreement represents an upgrade in our cooperation and will help Foton Motor provide a wider range of commercial vehicle solutions for both the Chinese market and global customers.”
As the wave of new energy transformation continues, technological innovation remains the core driver of company growth. Foton Motor has prioritized its new energy strategy as its top development goal, pursuing a multi-path approach with “pure electric + hybrid + fuel cell” technologies. By integrating ZF’s latest TraXon 2 Hybrid system, Foton not only expands its hybrid technology portfolio but also secures a leading position in the heavy-duty commercial vehicle hybrid technology sector, accelerating its new energy transition.
Foton Motor will continue to work closely with top global partners to provide high-quality vehicle products. This partnership with ZF will provide businesses and individual customers with more convenient, economical, and efficient hybrid solutions. Moving forward, Foton will focus on technological innovation to drive further development in the commercial vehicle industry.
More IAA Transportation 2024 News Here.
Views:0
- IAA 2024: ZF Further Expands Its Position as a Pacesetter of the CV Industry 2024-09-17
- TraXon 2 Hybrid, Hybrid Transmission by ZF to Be on Display at IAA 2024-09-11
- ZF, Farizon Sign Cooperation Agreement on New Energy Commercial Vehicles 2024-07-09
- ZF Receives Approval for Level 4 Autonomous Driving Test in Shanghai, China 2024-02-21
- Auto Shanghai: ZF Presents Cutting-edge Tech for Software-defined, Automated EVs 2023-04-19
- ZF Wins Major Business: E-Drives and ProAI Supercomputer Apps for CVs at IAA 2022-09-20
- ZF Posts H1 Sales Up 10% to EUR 21.2 Billion 2022-08-04
- ZF Continues Strong Investment in China with a New Plant Opening in Rizhao 2022-07-29
- ZF Celebrates 500,000th TraXon Transmission System Produced in Friedrichshafen 2022-04-20
- ZF Breaks Ground on Its Fourth R&D Centre in China 2022-03-25
Submit Your Requirements, We Are Always At Your Service.
- Jiefang Partners with FCTS to Develop Hydrogen-Powered Car Transport Vehicles
- Farizon Auto Sets Roadmap for Global Expansion
- JMC Assembles Kaiyun Euro 5 Models in Vietnam
- SuperPanther Teams up with DHL for Sustainable Logistics
- SuperPanther Partners with Steyr Automotive to Launch Electric Heavy-Duty Trucks
- JAC Showcases T9 EV Pickup at 2024 EVA Frankfurt Electric Vehicle Expo
- Zoomlion Reports Record Overseas Revenue Growth for H1, 2024
- Madagascar President Rajoelina Visits Foton Motor
- European Premiere for Kia PBV at IAA Hannover 2024
- SAIC Maxus RV Debuts at Düsseldorf Caravan Show in Germany
- Heavy Truck Sales Reach 59,000 Units in July in China
- Tractor Sales in H1, 2024 Reached 162,100 Units, Up 4%
- China's Truck Export Reaches 351,076 Units in H1 2024
- XCMG Dominates 2024 with Record Sales in New Energy Heavy Trucks
- Mid-Year Pickup Market Report: JAC Exports Up 13%, JMC Exceed 36,000 Units
- Truck Exports in May 2024: China Exported Close to 65,000 Trucks
- Exports of Pickups Reached 22,892 Units in May
- Exports Surge by 157%! DFAC Exports 9,628 Vehicles from January to May
- China's Heavy Truck Exports Rising 58% YOY to 276,000 Units in 2023
- China Exported 507,000 Trucks from Jan.-Sept., Up 21% YoY