Foton's is the biggest commercial vehicle manufacturer in China
since 2003, and the world's biggest commercial vehicle manufacturer
since 2009. FOTON sales reached 693, 000 units in 2010.
Foton has been established in 1996. Headquarters are in Changping
District, Beijing. It is a state-owned listed company, listed at
the Shanghai Stock Exchange
Foton brand ranks #34 in China. Its value reaches 34 billion CNY
value. It is in one of the top-three most estimated commercial
vehicle brand by the Chinese public.
In January 2009, Foton and Daimler signed a cooperation agreement
which eventually became a CNY 6.35 billion joint venture by July
2009. This agreement has significantly improved Foton's production
capacity for heavy-duty trucks.
In June 2009, Foton and Cummins Engine Co., Ltd signed a CNY 2.7
billion joint venture agreement to set up a factory with an annual
production capacity of 400, 000 engines. It will be one of the
largest light-duty engine manufacturing facilities in China. Foton
light commercial vehicles will be equipped with one of the best
engines in the world in terms of emission reduction and
Foton is cooperating with overseas partners on a number of other
projects, too. Such partners include Lotus, Bosch, AVL, Eaton,
Visteon and Motorola.
Foton began its overseas operations in 2002. In 2010, Foton's
international sales exceeded 31, 800 units. Foton ranks 5th as an
exporter of Chinese vehicles and 2ND as an exporter of Chinese
commercial vehicles. Compared with other Chinese companies, it has
one of the most mature sales & service networks and already
covers more than 120 countries. Foton is improving operations in
overseas markets by heightening network communication efficiency,
promoting local sales networks, setting up local offices and
dispatching employees and analysts to the front line. Local
factories have been established in many countries including
Indonesia, Vietnam, Russia, Mexico, Pakistan, Turkey and Iran. More
factories are being built in Thailand, Turkey, Egypt, Brazil,
Mexico, Malaysia, Taiwan, Columbia and Kenya.
Research and Development & New Energy Vehicles
Foton has set up a world-class research center for alternative
energies. It focuses on technologies for hybrid vehicles, electric
vehicles, hydrogen vehicles and high-efficiency engines. It has
already produced outstanding results. Foton is now the leader in
China for alternative-energy commercial vehicles. New energy
vehicle sales reached 2, 000 units in 2010. These units were sold
directly to municipalities and individuals, or used in sustainable
transportation projects around the world. New energy products
include hybrid and pure electric city buses, pure electric road
sweepers and pure electric taxis.
There are 3, 500 researchers working in Foton's 9 research centers.
The surface areas of those facilities will more than double in the
near future. Foton Core Research Centre has experienced tremendous
successes. Foton holds hundreds of design and invention patents.
Each of Foton's vehicle series have been upgraded as a result of
such research with passenger vehicles having benefited the most.
Foton now plans to set up R&D centers in Europe and Japan. This
will help it increase its innovation capacity in the fields of
manufacturing, electronic control and hydraulic technologies. Foton
plans to create more research units in the future which reflect
innovation needs in overseas markets.