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    Economy

    Yutong introduces new buses in Cuba

    1
    2017-11-02 10:30Global Times/Agencies Editor: Li Yan ECNS App Download

    Chinese bus producer Yutong on Tuesday (Havana time) presented to the Cuban market new models of buses, generating great expectations among locals and government officials at the 35th Havana International Trade Fair, the island's most important business event.

    "We brought to the fair six products, two of which are our major focus here. One is a high-end tourist bus and the other is a diesel-electric hybrid," Hu Huaiban, Yutong's director of international business, told the Xinhua News Agency.

    According to Hu, the six new models presented at the fair are appropriate for the Cuban market and several technical designs have been updated.

    Since an initial batch of 12 buses in 2005, Yutong has sold more than 6,800 vehicles in Cuba, holding 70 percent of the local market. In 2015, its revenues surpassed $500 million.

      

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