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China Yuchai International (NYSE: CYD) announced that its subsidiary, Yuchai, has been appointed as a Committee Member of the new Hydrogen Combustion Engine Innovation Consortium. This Consortium aims to develop hydrogen combustion engines for various industries in line with China's 'double carbon' goals. Yuchai's expertise in hydrogen combustion engines has led to its appointment, with a focus on contributing to China's low-carbon and zero-carbon internal combustion engine development.
Yuchai has been a pioneer in hybrid power systems and new energy products, releasing several new energy power system products in 2019. The company's engines using alternative fuels like hydrogen will support China's emission reduction goals. At the 2024 World Internal Combustion Engine Conference, Yuchai showcased its progress in hydrogen engine research and development, aligning with China's carbon neutrality objectives.
