Shandong branded heavy trucks shine in Uzbekistan
(chinadaily.com.cn)| Updated : 2023-09-06Print Print
On the morning of Sept 6 at 9 am, a Sinotruk HOWO V5 truck slowly drove out of the factory of UZ Truck and Bus Motors, marking the 3,000th Sinotruk truck produced by the company.
A red carpet is rolled out for the 3,000th Sinotruk HOWO V5 produced by UZ Truck and Bus Motors. [Photo/Dazhong News]
UZ Truck and Bus Motors is a joint venture established by Sinotruk, one of China's major heavy-duty truck manufacturers, and Germany's MAN Truck & Bus SE.
The two sides signed a joint venture agreement for UZ Truck and Bus Motors to be based at JV MAN Auto's Uzbekistan plant, and Sinotruk became one of the shareholders of the JV MAN Auto-Uzbekistan JV, having injected 10.78 million euros (about $11.56 million) in foreign direct investment into the plant.
UZ Truck and Bus Motors has a production capacity of about 3,000 units of commercial vehicles per year, having mastered the production of new models and the localization of components.
It has become Sinotruk's commercial vehicle production base to serve the Central Asian market.
One of UZ Truck and Bus Motors' production lines. [Photo/Dazhong News]
Since 2018, Sinotruk has seized the opportunities brought by Uzbekistan's reform and opening up, developed adaptive products for the country, and continuously promoted localized production.
From January to July, it sold 2,290 heavy trucks in Uzbekistan. Its market share exceeded 50 percent, ranking it first among heavy truck makers in the country.
Sinotruk heavy trucks line a parking lot. [Photo/Dazhong News]