Garrett and HanDe Sign Strategic Partnership, Including Series Production Award to Accelerate Electrification of Heavy-Duty Trucks with Advanced E-Axle Systems
Garrett Motion (NASDAQ: GTX) and Shaanxi HanDe Axle have signed a strategic partnership at the Shanghai Auto Show to co-develop and manufacture advanced electric beam axle systems for medium and heavy-duty trucks. The collaboration will integrate Garrett's high-speed e-motor and inverter technology with HanDe's axle and transmission platforms.
The partnership includes a series production award from major Chinese commercial vehicle manufacturers, with production targeted for 2027. Initial manufacturing will be conducted in Xi'an and Wuhan, with test fleets beginning field trials in 2026. The technology promises breakthrough reductions in size and weight compared to industry benchmarks, leading to lower total cost of ownership through reduced energy use and maintenance.
The system is designed to minimize rare earth and critical mineral usage, supporting sustainable sourcing. The partnership aims to accelerate the adoption of zero-emission trucks across China, Japan, Europe, and beyond, with thousands of vehicles expected on the road by 2027.
Garrett Motion (NASDAQ: GTX) e Shaanxi HanDe Axle hanno siglato una partnership strategica al Salone dell'Auto di Shanghai per co-sviluppare e produrre sistemi avanzati di assali elettrici a trave per camion medi e pesanti. La collaborazione integrerà la tecnologia di motori elettrici ad alta velocità e inverter di Garrett con le piattaforme di assali e trasmissioni di HanDe.
La partnership prevede un ordine di produzione in serie da parte di importanti produttori cinesi di veicoli commerciali, con l'inizio della produzione previsto per il 2027. La produzione iniziale avverrà a Xi'an e Wuhan, mentre le flotte di prova inizieranno i test sul campo nel 2026. La tecnologia promette riduzioni significative in termini di dimensioni e peso rispetto agli standard del settore, con conseguente diminuzione del costo totale di proprietà grazie a un minore consumo energetico e manutenzione.
Il sistema è progettato per minimizzare l'uso di terre rare e minerali critici, supportando un approvvigionamento sostenibile. La partnership mira ad accelerare l'adozione di camion a zero emissioni in Cina, Giappone, Europa e oltre, con migliaia di veicoli attesi sulle strade entro il 2027.
Garrett Motion (NASDAQ: GTX) y Shaanxi HanDe Axle han firmado una alianza estratégica en el Salón del Automóvil de Shanghái para desarrollar y fabricar conjuntamente sistemas avanzados de ejes eléctricos de viga para camiones medianos y pesados. La colaboración integrará la tecnología de motores eléctricos de alta velocidad e inversores de Garrett con las plataformas de ejes y transmisiones de HanDe.
La asociación incluye un contrato de producción en serie con importantes fabricantes chinos de vehículos comerciales, con producción prevista para 2027. La fabricación inicial se realizará en Xi'an y Wuhan, y las flotas de prueba comenzarán ensayos de campo en 2026. La tecnología promete reducciones significativas en tamaño y peso en comparación con los estándares del sector, lo que se traduce en un menor costo total de propiedad gracias a un menor consumo de energía y mantenimiento.
El sistema está diseñado para minimizar el uso de tierras raras y minerales críticos, apoyando un abastecimiento sostenible. La alianza busca acelerar la adopción de camiones cero emisiones en China, Japón, Europa y más allá, con miles de vehículos esperados en las carreteras para 2027.
Garrett Motion (NASDAQ: GTX)와 Shaanxi HanDe Axle가 상하이 모터쇼에서 중대형 트럭용 첨단 전기 빔 액슬 시스템을 공동 개발 및 제조하기 위한 전략적 파트너십을 체결했습니다. 이번 협력은 Garrett의 고속 전기 모터 및 인버터 기술과 HanDe의 액슬 및 변속기 플랫폼을 통합할 예정입니다.
이 파트너십에는 중국 주요 상용차 제조업체로부터의 양산 계약이 포함되어 있으며, 2027년 생산을 목표로 하고 있습니다. 초기 생산은 시안과 우한에서 진행되며, 2026년부터 테스트 차량들이 현장 시험을 시작할 예정입니다. 이 기술은 업계 표준 대비 크기와 무게를 획기적으로 줄여 에너지 사용과 유지보수를 감소시켜 총 소유 비용을 절감할 것으로 기대됩니다.
시스템은 희토류 및 핵심 광물 사용을 최소화하도록 설계되어 지속 가능한 자원 조달을 지원합니다. 이번 파트너십은 중국, 일본, 유럽 등에서 무공해 트럭의 도입을 가속화하는 것을 목표로 하며, 2027년까지 수천 대의 차량이 도로에 투입될 것으로 예상됩니다.
Garrett Motion (NASDAQ: GTX) et Shaanxi HanDe Axle ont signé un partenariat stratégique lors du Salon de l'Auto de Shanghai pour co-développer et fabriquer des systèmes avancés d'essieux électriques à poutre pour camions moyens et lourds. Cette collaboration intégrera la technologie de moteur électrique à haute vitesse et d'onduleur de Garrett avec les plateformes d'essieux et de transmission de HanDe.
Le partenariat comprend une commande de production en série de la part de grands constructeurs chinois de véhicules commerciaux, avec une production prévue pour 2027. La fabrication initiale se déroulera à Xi'an et Wuhan, avec des flottes d'essai débutant les essais sur le terrain en 2026. La technologie promet des réductions majeures de taille et de poids par rapport aux références du secteur, conduisant à un coût total de possession réduit grâce à une consommation d'énergie et une maintenance moindres.
Le système est conçu pour minimiser l'utilisation de terres rares et de minéraux critiques, soutenant un approvisionnement durable. Le partenariat vise à accélérer l'adoption des camions zéro émission en Chine, au Japon, en Europe et au-delà, avec des milliers de véhicules attendus sur les routes d'ici 2027.
Garrett Motion (NASDAQ: GTX) und Shaanxi HanDe Axle haben auf der Shanghai Auto Show eine strategische Partnerschaft geschlossen, um gemeinsam fortschrittliche elektrische Balkenachssysteme für mittelgroße und schwere Lkw zu entwickeln und herzustellen. Die Zusammenarbeit wird Garretts Hochgeschwindigkeits-E-Motor- und Wechselrichtertechnologie mit HanDes Achs- und Getriebeplattformen verbinden.
Die Partnerschaft umfasst einen Serienproduktionsauftrag von bedeutenden chinesischen Nutzfahrzeugherstellern, mit Produktionsbeginn im Jahr 2027. Die Anfangsproduktion erfolgt in Xi’an und Wuhan, Testflotten starten 2026 mit Feldversuchen. Die Technologie verspricht bahnbrechende Reduzierungen bei Größe und Gewicht im Vergleich zu Branchenstandards, was zu geringeren Gesamtkosten durch niedrigeren Energieverbrauch und Wartungsaufwand führt.
Das System ist darauf ausgelegt, den Einsatz seltener Erden und kritischer Mineralien zu minimieren und unterstützt nachhaltige Beschaffung. Die Partnerschaft zielt darauf ab, die Verbreitung emissionsfreier Lkw in China, Japan, Europa und darüber hinaus zu beschleunigen, mit tausenden Fahrzeugen, die bis 2027 auf den Straßen erwartet werden.
- Strategic production agreement secured with major Chinese commercial vehicle manufacturers
- Technology offers breakthrough reductions in size and weight versus industry benchmarks
- Lower total cost of ownership through reduced energy use and maintenance
- Minimized use of rare earth materials supporting sustainable sourcing
- Global market expansion potential across China, Japan, and Europe
- Production timeline extends to 2027, indicating delayed revenue impact
- Significant capital investment likely required for manufacturing setup in multiple locations
Insights
Garrett's e-axle partnership with HanDe accelerates heavy-duty truck electrification with production scheduled for 2027, strengthening its position in commercial EV technology.
This strategic partnership between Garrett Motion and HanDe represents a significant technological advancement in the commercial vehicle electrification landscape. The agreement centers on developing electric beam axle systems that integrate Garrett's high-speed e-motors and inverter technology with HanDe's established axle platforms.
From a technical perspective, Garrett's claim of "breakthrough reductions in size and weight versus current industry benchmarks" addresses two critical challenges in electric commercial vehicles. The reduced unsprung mass directly improves vehicle dynamics and drivability, while their focus on minimizing rare earth elements tackles a major sustainability concern in EV manufacturing.
The emphasis on Total Cost of Ownership (TCO) is particularly strategic for the commercial sector, where operational economics typically drive adoption more than upfront costs. By highlighting reduced energy consumption and lower maintenance requirements, Garrett is targeting the metrics fleet operators prioritize when evaluating new technologies.
The 2027 production timeline with test fleets beginning in 2026 represents a realistic development schedule for complex commercial vehicle systems. Manufacturing in Xi'an and Wuhan leverages China's established automotive infrastructure while enabling coordination with both domestic Chinese manufacturers and the planned global expansion.
This partnership positions Garrett to capitalize on the accelerating electrification trend in commercial transportation, extending their technology portfolio beyond traditional turbochargers into the growing e-mobility space.
Garrett's strategic partnership with HanDe secures multi-year production contracts for e-axle systems, expanding their revenue streams beyond traditional turbocharger technology.
This partnership represents a strategic market expansion for Garrett Motion into the rapidly growing commercial EV sector. The multi-year production award from "major Chinese commercial vehicle manufacturers" establishes a new revenue stream, though specific financial terms and volumes aren't disclosed in the announcement.
Entering China's commercial vehicle market—the world's largest—provides Garrett with significant scale opportunities. The explicit mention of international expansion suggests this partnership serves as a foundation for global commercialization, potentially amplifying the long-term revenue impact beyond the initial Chinese market.
The co-development approach demonstrates strategic capital efficiency. By partnering with an established axle manufacturer rather than building independent capabilities, Garrett can leverage HanDe's existing production infrastructure while contributing their specialized e-motor and inverter technology.
From a timeline perspective, the 2027 production target indicates that material financial impact is several years away. However, the secured production award reduces execution risk and provides revenue visibility extending into the latter half of this decade.
This agreement represents Garrett's strategic diversification beyond their traditional turbocharger business into electrification technologies, positioning them to maintain relevance as the automotive industry transitions to electric powertrains. The partnership structure leverages complementary technical capabilities and manufacturing expertise while providing both companies expanded market access.
ROLLE, Switzerland and PLYMOUTH, Mich., April 23, 2025 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (NASDAQ: GTX), a leading differentiated automotive technology provider and Shaanxi Hande Axle Co., Ltd. (HanDe), a leading Chinese axle manufacturer for commercial vehicles, have signed a strategic agreement, including a series production award, to co-develop and manufacture advanced electric beam axle systems for medium and heavy-duty trucks. The signing took place today at the Shanghai Auto Show—China’s flagship platform for mobility innovation—marking a significant milestone in the electrification of commercial transport.
Right after signing: Mr. Olivier Rabiller (President and CEO of Garrett) and Mr. Zhanchao Wang (General Manager of HanDe) are shaking hands. Alongside them: Mrs. Jessica Zhang (Vice-President and General Manager of China for Garrett Motion) and Mr. Weiqi Ding (Deputy General Manager of HanDe).
Garrett is pioneering high-speed electric motors combined with fully in-house developed inverter technology for commercial vehicles—delivering breakthrough reductions in size and weight versus current industry benchmarks. For fleets, this translates into significantly lower total cost of ownership (TCO) through reduced energy use, lower maintenance, and improved drivability thanks to less unsprung mass. The system is engineered to minimize the use of rare earths and critical minerals, supporting more sustainable sourcing. Scalable and production-ready, the Garrett E-powertrain solution for commercial vehicles marks a major step towards high volume roll out of electric trucks. Convinced by the tangible TCO savings, sustainability and drivability benefits, Garrett sees a strong interest from leading global commercial vehicle OEMs and fleet operators to quickly adopt this solution.
Under the agreement, Garrett and HanDe will co-develop next-generation electric beam axle systems across truck weight classes, with production targeted for 2027. The solution will integrate Garrett’s high-speed e-motor and inverter technology into HanDe’s proven axle and transmission platforms—delivering industry-leading TCO, high performance, efficient packaging, and system scalability.
The strategic partnership includes a multi-year production award from major Chinese commercial vehicle manufacturers and will support both high-volume domestic output and international expansion. Initial manufacturing will take place in Xi’an and Wuhan, with test fleets set to begin field trials in 2026 as part of a broader global rollout strategy.
“Our collaboration with HanDe is a strategic step forward in electrifying trucks,” said Olivier Rabiller, President and CEO of Garrett Motion. “This strategic partnership builds on our momentum in commercial electrification and reflects the growing demand for differentiated, scalable technologies. By combining Garrett’s high-speed e-motor and inverter expertise with HanDe’s strength in axles and transmissions, we’re setting a new benchmark for performance and sustainability—both in China and globally.”
Wang Zhanchao, Party Secretary and General Manager of Hande Axle, commented: “We are proud to partner with Garrett—a trusted global technology leader—to co-develop next-generation electric axle systems that will define the future of commercial mobility. Signing this agreement at the Shanghai Auto Show underscores the strength of our shared ambition. With thousands of vehicles expected on the road by 2027, we are already collaborating with OEMs to accelerate deployment across China, Japan, Europe, and beyond. This collaboration represents more than innovation—it’s a bold step toward a more sustainable, electrified transport ecosystem.”
This collaboration also aims to contribute to the local electrification ecosystem through knowledge sharing and joint engineering development, strengthening regional supply chains and accelerating the adoption of zero-emission trucks.
About Garrett Motion China
Garrett established a presence in China in 1994 and was one of the first global companies to introduce turbocharging technology to the country. Headquartered in Shanghai, Garrett has two world-class advanced manufacturing facilities in Shanghai and Wuhan, as well as an initial R&D center in Shanghai and a second under construction in Wuhan.
The company employs more than 1,000 people, including a China R&D team of over 200 specialists with end-to-end engineering and service capabilities. Garrett boasts lasting partnerships with more than 40 global and Chinese automakers. It offers a comprehensive portfolio of turbocharging technology for gasoline, diesel, natural gas, hybrid and zero emission technology for battery electric vehicles.
About Garrett Motion Inc.
A differentiated technology leader, Garrett Motion has a 70-year history of innovation in the automotive sector (cars, trucks) and beyond (off-highway equipment, marine, power generators). Its expertise in turbocharging has enabled significant reductions in engine size, fuel consumption, and CO2 emissions. Garrett is expanding its positive impact by developing differentiated technology solutions for Zero Emission Vehicles, such as fuel cell compressors for hydrogen fuel cell vehicles, as well as electric propulsion and thermal management systems for battery electric vehicles. Garrett has five R&D centers, 13 manufacturing facilities and a team of more than 9,000 employees in more than 20 countries. Its mission is to enable the transportation industry to advance motion through unique, differentiated innovation. For more information, please visit www.garrettmotion.com.
CONTACTS:
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| Amanda Jones | Cyril Grandjean |
| amanda.jones@garrettmotion.com | investorrelations@garrettmotion.com |
| Cell. +41 79 601 07 87 | Cell +1 734 392 5504 |
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/18378f76-f71f-4949-9138-ad5f98076e13
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