Israeli Transport Companies Partner with Chinese Giant CRRC
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Israeli Transport Companies Partner with Chinese Giant CRRC
- Egged Group and Auto Chen Mobility announced a joint venture on August 27, 2026, to import, market, and sell buses from Chinese transport giant CRRC in Israel and Europe.
- CRRC, established in 2015, operates in over 100 countries with 46 subsidiaries and more than 150,000 employees, and in 2025, its revenue was approximately $38 billion.
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Egged Group and Auto Chen Mobility, part of the Belilios Group, have officially formed a joint venture with CRRC, a major Chinese transportation corporation. The partnership, announced on August 27, 2026, aims to establish a comprehensive and lasting presence for CRRC products in Israel. Additionally, the collaboration seeks to work with CRRC to expand into other European markets.
CRRC, founded in 2015 through the merger of CNR and CSR, is a state-owned enterprise that has grown to operate in over 100 countries and boasts 46 subsidiaries and more than 150,000 employees. The company reported revenues of approximately $38 billion in 2025, with a net profit of $2 billion and an investment of about $3 billion in research and development. Since entering the bus manufacturing sector in 2006, CRRC has sold over 85,000 buses, producing around 6,000 in 2025.
This new venture will leverage Auto Chen’s expertise in import, marketing, and service, which includes selling over 4,000 Golden Dragon buses in the past decade. Egged contributes its extensive operational infrastructure and long-standing experience in managing diverse bus fleets across Israel and Europe. CRRC EV, a subsidiary of CRRC, manufactures a variety of electric buses, including minibuses already in Israel and advanced bi-articulated vehicles expected soon for the Haifa metro service.
Despite the promising partnership, CRRC has faced challenges in some markets. The US government has placed the group and some of its subsidiaries on “blacklists” due to alleged ties to the Chinese defense industry. This has led to a trend in some European countries and the US to exclude these companies from public tenders. In Israel, CRRC encountered difficulties with light rail tenders, with consortia involving CRRC not winning bids for the Green and Purple Lines of the Tel Aviv light rail, partly due to pressure from the US and the Israeli National Security Council regarding Chinese involvement in critical infrastructure. However, CRRC is currently in negotiations to supply additional carriages for the Tel Aviv light rail Red Line.