On May 18, 2024, local time in Italy, Tan Xuguang, Chairman of Weichai Group and Chairman of Ferretti Group, presided over an on-site meeting on the coordinated promotion of yacht and power system matching at the Milan Management Headquarters. Experts from the Italian Ferretti Group and Weichai Group conducted efficient and pragmatic exchanges on the comprehensive development of cooperation in yacht propulsion systems.
Tan Xuguang said that the deep industrial technology value of the strategic reorganization between Weichai Group and Italy’s Faraday should be fully explored to promote all-round efficient synergy. Weichai should deeply understand the different use scenarios and working condition requirements of yachts, start from the customer, according to the design logic of yachts, and promote the integrated competitiveness of the power system in a coordinated manner.
It is hoped that the experts of Italian Faraday will come to Weifang and have technical exchanges with Weichai engineers face to face, make full use of Weichai’s platform resources, create the core technology advantage of “no one has what I have”, and jointly create greater value for global customers!
To make the world’s top Italian luxury yacht Faraday equipped with China’s “power heart”, this is the original intention of our strategic reorganization of Faraday, but also our ultimate dream!
Faraday CEO Glass said, “We are grateful to Weichai Group for providing Faraday with a brand new choice of power system. We fully support Weichai’s high-end high power density engine and static generator set products to fully enter Faraday’s package, and jointly promote Faraday’s core competitiveness in the global market. We hope that both sides will push forward the project at full speed to ensure that the first prototype will be displayed globally at the Cannes Boat Show in 2024.
Zhang Quan, Vice Chairman of Weichai Power, business leaders of sales, technology, purchasing, production and operation of Faraday, and relevant technical leaders of Weichai Group attended the meeting.
