Chinese company to build and sell EcoMotors' opoc engine

  • 10-Apr-2013 11:23 EDT
EM_ZDP_Agreement_Signing.jpg

Zhongding Power and EcoMotors executives at the commercialization announcement April 9. From left: Don Runkle, CEO of EcoMotors; Edward Chen, CEO of Zhongding Power; Prof. Peter Hofbauer, Chairman, Founder, and CTO of EcoMotors; and Xia Ding Hu, Chairman of Zhongding Holding (Group) Co., Ltd., and CEO of Zhongding Power.

Zhongding Power of China will finance and construct a plant to build EcoMotors' opposed-piston opposed-cylinder (opoc) engine in Xuangcheng, Anhui province, the two companies announced April 9. The Chinese automotive supplier (mainly commodity parts) will also sell the engine under the licensing agreement. The plant represents an investment by Zhongding of more than $200 million "and will have a capacity of about 150,000 engines per year—over U.S. $1 billion in revenue potential," according to the companies. Volume production is expected to begin in 2014. EcoMotors claims that its opoc engine can deliver power levels equivalent to conventional turbodiesel engines at half the size, a lower cost, and lower emissions with the potential for 20-50% better fuel economy. (View an AEI article on the opoc engine here.) Under the agreement, Zhongding will supply opoc engines to customers in genset, off-road, and commercial-vehicle industries. A key provision of the agreement allocates a portion of the plant's output to EcoMotors for sale and distribution to its own direct customers.

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