ZHEJIANG, China — SORL Auto Parts Inc., a global tier one supplier of brake and control systems to the commercial vehicle industry, has entered into a product development agreement with China National Heavy Duty Truck Group Co. Ltd. (CNHTC), China’s largest commercial vehicle manufacturer. SORL will supply braking valves and components to be fitted on light-duty vehicles.
SORL has been a supplier to CNHTC since 1997. The company says this new agreement is a result of SORL’s past performance, recognized capability for product innovation and its high-quality standards. According to the agreement, SORL will develop braking valves and components fitted for light-duty vehicles, including brake chambers, air dryers, hand brakes, foot brakes and relay valves.
SORL expects that sales to CNHTC will reach 15 million RMB in 2012.
Jinrui Yu, production and export vice president, commented, "We are honored and pleased to be selected again as CNHTC’s partner to penetrate deeper into the light-duty vehicle market. Our further cooperation with CNHTC is a result of our innovativeness and consistent high-quality production. We will continue to respond to potential market opportunities, support our many customers, and provide cost-effective, adaptable and leading braking products."