Chinese bus manufacturer Yutong Bus continues to expand its overseas business, with overseas sales now accounting for over half of its total revenue.
Chinese bus manufacturer Yutong Bus continues to expand its overseas business, with overseas sales now accounting for over half of its total revenue. According to the SCMP, new energy models accounted for 25% of the company's bus exports in the first three quarters of this year, up from 3% in 2018, driven by rapid demand growth in countries such as Australia, Malaysia, Saudi Arabia, and Morocco.
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