Auto parts giant invests 1 billion in Valeo investment in China this year

With the increase in energy conservation, emission reduction and safety requirements of China's autos, global component giants have additionally invested in China. Fu Yuwu, Chairman of the China Society of Automotive Engineers pointed out that the future of automotive product technology will focus on the three major themes of energy conservation, environmental protection and safety. This is where the multinational auto parts giants are striving to expand.

Valeo invests 1 billion yuan this year

Valeo Chief Executive Officer Jacques Ashenbow stated that this year it will invest 1 billion yuan in China and expect to double its sales revenue to 20 billion yuan in the next four years.

Recently, the new plant of Valeo's transmission system was completed in Nanjing. It mainly produces clutches and torque converters. This is Valeo's first factory to put into production the latest dual clutch products. It is understood that the advantages of a dry double clutch are that it can increase the transmission efficiency and reduce the energy loss in the transmission process, thereby improving the fuel economy of the vehicle. At present, China’s demand for improving fuel economy and reducing emissions is increasing, so Valeo hopes to introduce advanced power transmission technology to meet market demand.

Ashenbow is full of confidence in the Chinese market. "Last year, Valeo's sales revenue in China reached 10 billion yuan. In the past four years, our sales have doubled; in the next four years, we plan to double our sales again. By 2014, China will become the most important market for the Valeo Group, just like France. This year, our investment in China will reach 1 billion yuan.” said Billow, President of Valeo China, “This year will be opened in China. The four factories will open three new factories next year, and four new factories will be opened this year in Shenyang, Langfang, Shashi, Hubei, and Pudong, Shanghai.In addition, three plants have been included in the expansion plan, including the Nanjing plant that has already been expanded, and Wuhan. Foshan factory."

Bosch raises chassis business

The global auto parts giant Bosch Group has accelerated the expansion of its chassis control system business in China. A few days ago, the first phase of Bosch Automotive Components (Chengdu) Co., Ltd. was completed and opened. This is the second production base that Bosch Chassis Control Systems Division has invested and built in China following the Suzhou plant. Gerhard Steiger, President of Bosch's Chassis Control Systems Division, said: "We hope to continue to strengthen local production and R&D capabilities and continue to enhance our local competitiveness."

It is understood that the total investment in Chengdu's new plant will reach 880 million yuan. At present, the first phase of the project has been completed and the investment amount is 287 million yuan. It is expected that the wheel speed sensor will be put into production at the new plant in 2013, and the antilock brake system ABS and the electronic stability program ESP will be put into production in 2014.

Since entering the Chinese market in 2002, Bosch has seized market opportunities for the expansion of China's auto safety market. It is understood that Bosch Chassis Control Systems Division has already involved active safety, passive safety, driver assistance systems and booster business. The Bosch Group is constantly increasing its investment in the field of automotive safety. The Bosch Chassis Control System China headquarters in Suzhou is its first production base and technology center in China. The Bosch (Donghai) Automotive Technology Test Center, which opened in June this year, is mainly used for active safety technology and driver assistance system testing. Prior to this, the Winter Automotive Technology Testing Center in Yakeshi, Inner Mongolia, was completed and put into use in 2008. Dirk Hoheisel, member of the Board of Directors of Robert Bosch GmbH, pointed out that China has become the world's largest auto market. As with other mature markets, China’s demand for automotive safety technology is also growing with the improvement of road safety awareness. increase. After the opening of the Chengdu plant, Bosch can respond more quickly to the needs of the western market.

Electric Mountain Bike

An electric mountain bike,also known as an e-MTB,is a type of mountain bike that is equipped with an electric motor and abattery.The electric motor provides assistance to the rider when pedaling,making it easier to climb hills and traverse rough terrain.EMTBs are designed to be rugged and durable with features such as full suspension,wide tires, and powerful brakes.They are also equipped with a range of electronic components,including a control unit that allows the rider to adjust the level of assistance provided by the motor.One of the main advantages of an e-MTB is that it allows riders to tackle more challenging terrain and cover greater distances than they would be able to on a traditional mountain bike. Thismakes makes it a popular choice for riders who want to explore new trails or push themselves to new limits.However, e-MTBs are also controversial, with some traditionalists arguing that they take away from the physical challenge and purity of mountain biking.Despite this, the popularity of e-MTBs continues to grow, with many riders embracing the technology and the new opportunities it provides.

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