Jacobs Vehicle Systems and the VIE Group Co. announced the formation of Jacobs VIE Vehicle Systems, Ltd., a Joint Venture based in Zhuji City China.
Driven by demand for the Jake Brake retarding and valve actuation technology, the partnership with VIE will provide an array of vehicle retarding capabilities for the growing China market and other worldwide customers.
“Jacobs has been active in China for several years and we are pleased to expand our commercial activities and establish manufacturing capabilities with the VIE Group. This joint venture will support ongoing development work, and the rapid time to market demands of Chinese vehicle manufacturers and our other truck and engine customers,” said Scott Wine, president of Jacobs.
The joint venture will benefit from Jacobs and VIE’s respective engine brake, electromagnetic driveline, and exhaust brake technology and manufacturing capability allowing them to address the truck, coach and bus markets globally.
Jacobs and VIE have filed all paperwork for official approval by the Chinese government and expects to have Jacobs VIE Vehicle Systems operating within two months.
Jacobs in Joint Venture With China’s VIE Vehicle Systems
Jacobs Vehicle Systems and the VIE Group Co. announced the formation of Jacobs VIE Vehicle Systems, Ltd., a Joint Venture based in Zhuji City China.
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