Petronas has reached an agreement with two Chinese automotive companies to jointly manufacture the Petronas E01 engine for commercial use, after a Letter of Intent was signed between the three parties back in September 2005.

The inline-4 16-valve DOHC engine with variable valve timing which can be configured in three displacements – 1.8, 2.0 and 2.2 litres – was developed with Petronas’ experience in Formula 1, and is expected to begin production in December 2006 with an annual production capacity of 100,000 units a year.

The two Chinese companies are Nanjing Automobile Corporation and Brilliant Culture Group. The former is an automotive manufacturer while the latter is a consulting group.

Source

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