Thaco transfers bus manufacturing technology to Kazakhstan’s company
PSNews – Eleven engineers of Thaco Bus came to Kazakhstan in March with the aim of transferring the Thaco County bus manufacturing technology to Hyundai Trans Auto – a company of this central Asian country, under an agreement signed by the two sides.
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The demand for public transport is on the rise in Central Asian countries, especially in Kazakhstan. However, products of other countries in the region have not met requirements of Kazakhstan. With the aim of enhancing quality service in this field, Hyundai Trans Auto has decided to cooperate with Thaco Bus to import bus component.
According to a representative of Thaco Bus, in the first months of 2018, the company will export more 50 bus components to its partner.
Assembly process of Thaco County in Kazakhstan. |
Earlier, in March, to assist its partner in producing Thaco County buses under IATF 16949 international quality management standards, Thaco sent eleven engineers to work within a month at the Hyundai Trans Auto factory in Almaty, Kazakhstan.
In addition to technology transfer, the team provided training on assembly including body finishing, the painting process, and turning out the completed buses and quality control.
Thaco County bus components have been researched, designed, manufactured and tested by Thaco engineers and offered at competitive prices compared to similar products from South Korea.
The technology transfer to Hyundai Trans Auto marks an initial success in Thaco mastering manufacturing technologies, quality testing, and exporting buses.
In recent years it has invested in manufacturing expansion, research, and the application of modern technologies and automation in manufacturing vehicles and components and increasing technological content and localization rates, gradually implementing its plans to join global value chains.
Thaco’s exports of components amounted to $3.8 million last year and it continues to work on researching and expanding markets and diversifying export products.
With a manufacturing capacity of 20,000 units per year, Thaco’s bus manufacturing plant is the largest in Southeast Asia. The facility boasts various bus lineups meeting Euro 4, 5 and 6 emission standards, including a Vietnamese bus lineup with a localization rate of 60 per cent that meets requirements for export to ASEAN countries.