The LOI concerns Opcon’s energy efficient oil cooler, and the deliveries are expected to begin in this year.

Youngman has been approved by the Chinese National Development and Reform Commission for production of cars.

Greater efficiency in cooling enables corresponding space and weight savings in the engine compartment, resulting in higher performance and lower fuel consumption.

Opcon is an energy and environmental technology group that develops, produces and markets systems and products for eco-friendly, efficient and resource-effective use of energy.