At last - more news of the E01 - A real sports car engine for MG?
October 30, 2006 17:56 PM
China Carmaker And Partner To Manufacture Petronas Engine
KUALA LUMPUR, Oct 30 (Bernama) -- China's carmaker Nanjing Automobile Corporation (NAC) and Brilliant Culture Group Limited (BCG) have reached an agreement to jointly manufacture PETRONAS' EO1 engine for commercial use.
The project is scheduled to take off in December 2006 and production is expected to commence in 2009 with an annual capacity of 100,000 units, the national oil corporation said in a statement, here Monday.
PETRONAS will be the technology provider to the project and will provide support through its research and development (R&D) centre in Malaysia.
The partners are also currently exploring the possibility of establishing an engine R&D laboratory in China.
The statement said the agreement to embark on the project was announced by Prime Minister Datuk Seri Abdullah Ahmad Badawi in Nanning, China Monday.
State-owned corporation NAC is one of the largest automotive industrial enterprises in China while BCG, a consulting firm in China, will co-invest with NAC in the manufacturing facility for the engine.
Meanwhile, PETRONAS, NAC and BCG had signed a Letter of Intent in September 2005 to assess the use of PETRONAS EO1 engine technology for the carmaker's vehicle line-up.
The E01 engine, a result of PETRONAS' involvement in Formula One, is an aluminium gasoline engine family with a very compact design.
It has two bores, two strokes and three displacements (1.8L, 2.0L to 2.2L). It is an in-line 4 cylinder engine with 16 valves, DOHC, VVT and EMS, and emission standard designed for Euro V.