Beiqi Foton got New Energy Bus Order from Jinan Municipal

April 1, Beiqi-Foton Motor Co., Ltd (hereafter Foton) announced that the company received the government Procurement contract which singed between Jinan Public Transport Corporation and Foton.

Under the contract, Jinan Municipal will purchase 20 diesel-electric hybrid city buses, the total value up to 23.63 million yuan. According to the contract, Jinan Municipal need to pay 30 per cent of the total value as the deposit before April 30, and Foton will deliver those 20 buses before July 31.

Foton's hybrid buses have already started massive production. During the 2008 Beijing Olympics, the company's zero-emission and pollution-free fuel cell buses were also used to improve air quality.

As early as December last year, the organization which was primarily based on the Beijing New Energy Automotive Design and Manufacture Base set up at Foton Motor Co., Ltd. The 66-hectare base, with a total investment of 5 billion yuan, currently has a production capacity of 5,000 new energy buses and 400,000 highly efficient, energy-saving engines annually.

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