When are we going to see the results of all this good stuff ?????
OEC up 3% today.
singas
corporatefile.com.au
Kwang Yang Motor Co. Ltd. (Kymco), one of Taiwan's biggest motorcycle
manufacturers, recently announced it planned to use Orbital Combustion Process
(OCP) technology in models scheduled for release next year. What will this mean
for Orbital in terms of earnings?
CEO Peter Cook
I always hesitate to predict the success of an individual make or model, however
there are certainly positive aspects for us. One is that Kymco plans to launch a
larger 100 cc capacity scooter in Europe, which would be an innovation in that
marketplace. Another plus is that Kymco will be our first Asian scooter
manufacturer, so our product will now have some presence in the Asian markets.
corporatefile.com.au
Why did Kymco adopt OCP technology and what opportunities are there for OCP
to be used by other Taiwanese motorcycle makers?
CEO Peter Cook
Kymco saw the merits of our technology a number of years ago in terms of the
improved emissions, the improved fuel economy and the easy start it offers on
scooters. But it'd be wrong to deny the impact Taiwanese emissions legislation
has had in the overall process. And the success the European manufacturers have
had with our technology would also have played a part given the export markets
are a significant portion of Taiwanese producers' total build.
We've also had a long history with Sanyang, the other significant Taiwanese
scooter maker and even though it's chosen to compete with Kymco's models using
alternative technology, both Orbital and Synerject have made a major contribution
to the development of those models.
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