Yuchai and Vietnam's FUTA Group signed a comprehensive strategic cooperation agreement

On August 23, Yuchai Group and King Long Automobile Hue Co., Ltd., a subsidiary of Vietnam's FUTA Group, signed a comprehensive strategic cooperation agreement in Vietnam. The two parties jointly started the construction of an engine factory with a total investment of US$260 million. The factory is located in Thua Thien Hue Province, Vietnam, and is expected to start production in the second quarter of 2025.