April 20, Michelin (China) Investment Co., Ltd. announced the launch of two new fuel-efficient truck and bus tires - Michelin XDA2Energy and XDA2 + Energy, this is the first time for the Chinese market launch of Michelin special province of the drive shaft Oil tires. With the lower rolling resistance, more optimized tread design and a more robust casing design and performance of these two products with excellent balance, for the majority of the domestic truck and bus users with a safer, more efficient tire solution.

    Michelin XDA2Energy is a long-distance high-speed cargo vehicles for the drive shaft chakras are tubeless tires, with fuel savings, longer mileage, and high renovation rate and so on. Thanks to Michelin Energy Technology in rubber formulations, the application of the design matrix structure, this section of tire rolling resistance is significantly reduced. With the same specifications as compared Michelin XDE2 + Energy, which reduces tire rolling resistance by about 15% for truck and bus users to save about 3% of fuel costs. The release of the tire size of 11.00R20 and 12.00R20, covering the majority of national truck and bus tire market for tube.

    Today's another place for tubeless wheel drive shaft fuel-efficient tires, Michelin XDA2 + Energy low rolling resistance caused by its fuel efficiency, cargo engaged in long-distance high-speed tubeless tires truck and bus users yet another fuel-efficient tire solution. It is particularly worth mentioning is that the upgrade tread design for excellent wet tires which grip. The release of two specifications of size 295/80R22.5 and 315/80R22.5.

    Fuel truck and bus tire market, as a pioneer and leader, Michelin now offers 8 standard, 6 truck and bus fuel-efficient pattern for tube and tubeless tire products, including long distance to meet the high-speed passenger, freight and urban different industries, including bus transportation fuel-efficient tires on the demand, not only bring considerable economic benefits for the user, the more the community to create a huge environmental benefits.

    In another development, the Michelin Group recently announced that it has with the Double Coin Holdings Ltd. and Shanghai Huayi Group signed a memorandum of understanding to establish a joint venture for the Chinese market production and sale of sedans and light trucks back of the tires. The project is in the fast growing market with Michelin's strategic commitment to developing business exactly. Projects yet to sign the final agreement, and the Chinese government's approval. The new company will be owned 40% of Michelin, the Chinese side holds 60%. It will operate a Wuwei County in Anhui Province is building a factory.