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Yutong Bus Co., Ltd.

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Yutong Bus Co., Ltd. - Automotive showcase

Year Founded & Workforce

1997

10,000 Employees

Industry

AutomotiveB2BB2C

Services

Buses & Coaches
Y

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Yutong Bus Co., Ltd. Overview

Company Headquarters: China

Founded: 1997

Workforce: ~10,000

Company Working: Yutong Bus Co., Ltd. (Yutong Bus) is a leading Chinese large-scale manufacturing company involved in the R&D, manufacturing, and sales of buses. The company has three main production plants of whole vehicle located in Zhengzhou, Henan province, China. It has launched a series of new energy products like hybrid, full electric & fuel cell buses. Also, the company’s self-developed new energy bus power system has become the mainstream powertrain in the automotive industry. Yutong Bus has exported more than 75,000 units in total and the sales volume of large & medium-sized buses has taken the leading position in the world. It has sales of vehicles in around 30 countries & regions such as France, UK, Australia, Saudi Arabia, China Macau, China Taiwan, and others.

Strategy

Yutong Bus’s strategy is designed to increase its production capacity in the global market to meet the growing market demand for automotive solutions and sustain volume growth across its key markets. It aims to simplify its business processes for its customers with cutting-edge solutions to achieve sustainability. Moreover, the company believes in developing new product lines to ensure quality manufacturing practices and strengthen its global market position.

Company Snapshot

10,000

Employees

1997

Founded

China

Headquarters

SWOT Analysis

Strengths

  • Most advanced and innovative automotive manufacturer in the world
  • Successful track record of developing new products related to new market trends

Weaknesses

  • Need to create a strategic potential for further development
  • Over dependence on third party suppliers for raw materials

Opportunities

  • Improvements related to the culture of service and maintenance

Threats

  • Fluctuation in foreign currency and exchange rates
  • Subjected to substantial regulations and regulations governing autonomous vehicles

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Key Developments

DateApproachDevelopment
––Yutong Bus has collaborated with Mowasalat (Karwa), a Qatari leading transportation company for joint research & development of electric vehicles for logistics purposes.

Product Offering

  • Yutong Bus Co., Ltd.
    • Buses & Coaches

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