Enersize secures first order in Chinese automotive industry

Enersize will implement a major energy savings project for Chinese car & truck manufacturer Beiqi Foton Motor Co., Ltd. (Foton), Beijing factory.

20-25% energy savings for the factory’s compressed air systems is targeted, with an estimated savings potential of 1 Million Euro during the four year contract period.

Foton is ranked the fourth most valuable automobile brand in China and it’s parent company, Beijing Automotive Group (BAIC Group) is a Global Fortune 500 company. The factory produces more than 70,000 vehicles each year and has over 3,000 employees. Foton operates more than 10 similar factories in China

The agreement marks a significant opening into the Chinese automobile industry for Enersize and comes at a time when the company is negotiating several larger projects with a number of automobile manufacturers in China.