After many years of accumulation, Weichai Power's main products, the 10L and 12L engines, have surpassed 2.1 million units in the domestic market. In order to further enhance the market competitiveness, Weichai has accelerated the development of new products. Following the successful launch of the WP4/5/6/7 medium- and heavy-duty truck powertrain in 2008, Weichai Lanqing Power II has recently launched a new listing.
According to Weichai R&D personnel, “Lan Qing Power Generation II†is a product developed by Weichai Power based on the actual operating conditions, usage habits, and market demand trends of commercial vehicles and construction machinery and equipment. It covers 10L, 12L and 13L commercial vehicle engines as well as 10L and 12L engines for construction machinery, featuring large displacement, high power, low fuel consumption and high reliability.
“Lan Qing†is a familiar term in the engine industry. Since Lan Qing Diesel Engine was listed in 2005, its high-efficiency, energy-saving, and environmental-friendly features have been generally recognized by the market. Weichai Power has keenly captured the development prospects of Lanqing Platform and has developed products that meet the needs of the market. Weichai Power has developed Blue Engine N and L series diesel engines to meet the market demand for low-speed engines. The breakthrough in product dynamics, reliability, economy, and environmental protection has been achieved.
On June 21, 2010, Weichai Group held a 100 billion-level green power R&D and manufacturing base and a 1.5 million high-power diesel engine strategic planning conference in Weifang, Shandong Province, and announced that it will achieve sales revenue of 50 billion yuan in 2012 and 80 billion yuan in 2015. In 2020, it will exceed the target of 100 billion yuan. The existing production capacity of heavy truck companies has reached 1.5 million, and it is expected to exceed 3 million by the end of the “Twelfth Five-Year Plan†period. Weichai Power's current share in the heavy-duty truck market is close to 40%. After five years, the heavy-duty truck market demand for Weichai Power's 10L and above engines will reach 1.2 million units. The launch of the upgraded version of Blue Engine Power II will further expand the advantages of Weichai Power.
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