Cummins China Plans to Establish New Joint Venture Company with E-quality

August 15, 2023, Wuxi, China, On August 8, 2023, Cummins China signed a cooperation agreement with E-quality Intelligent Technology Wuxi Co., Ltd. They intend to invest in the establishment of a new joint venture company, leveraging their respective leading advantages in various fields to provide customers with higher performance and more valuable technology and product solutions. In the spirit of win-win cooperation and collaborative exploration, Cummins and E-quality Intelligent have established Cummins E-quality Electronic (Wuxi) Co., Ltd., which will be engaged in the development and production of automotive electronic control system-related products. Cummins E-quality Electronics will leverage E-quality Intelligent's flexibility as an innovative enterprise, its sensitivity to the market, and its advantages in automotive electronic software and hardware development. With the help of Cummins' leading experience in the global market, it will utilize its strengths in management, operations, and channel coordination, forming economies of scale. Through collaborative efforts across the industry's upstream and downstream, the partnership aims to continuously enhance supply chain security and resilience, bringing more opportunities for business growth.

Cummins is a globally renowned and respected enterprise, with years of close and fruitful cooperation with Wuxi. Currently, Wuxi is cultivating and expanding its "465" modern industrial cluster. It is gratifying to see industry-leading companies like Cummins share new opportunities and win together with high-growth companies, which is believed to inject new energy into the automotive parts industry in Wuxi by strengthening its value chain. Views:3523

China Special Vehicle Adivsor