Changchun WABCO Automotive Control System Co., Ltd. held its opening ceremony in Changchun
Assistant General Manager of China FAW, Chairman of the Board of Directors of FAW Jiefang, Secretary of the Party Committee Hu Hanjie, Deputy General Manager of FAW Jiefang Kong Dejun and FAW Jiefang Transmission Division, and Chairman of the Board of Directors of Changchun WABCO Automotive Control Systems Co., Ltd. participated in the unveiling ceremony. Burke Chairman and CEO Jacques Esculier, WABCO Vice President, Asia Pacific President Yu Sujie, WABCO Vice President, Vehicle Dynamic System Control and Autonomous Driving Division Philipp Helmich and Steam Driving Zone Management Committee And the participants who participated in the project in the early stage participated in the unveiling ceremony.
Attending the opening ceremony
In June 2017, Chairman Hu Hanjie and Chairman Jacques Esculier signed a strategic cooperation framework agreement in Brussels. On September 21, 2018, FAW Jiefang and WABCO signed a joint venture agreement in Hannover, Germany, to establish a joint venture company for automotive control systems in China. Work together to promote the safety and efficiency of China's commercial vehicle industry.
On December 27, 2018, Changchun WABCO Automotive Control Systems Co., Ltd. was incorporated and officially unveiled on February 27, 2019. FAW Jiefang and WABCO cherish this opportunity of cooperation. It took only one and a half years to complete the project negotiation, contract signing and company registration.
Chairman Hu Hanjie and Chairman Jacques Esculier unveiled the joint venture
Speech by Hu Hanjie, Chairman of FAW Jiefang
Hu Hanjie said that the establishment of Changchun WABCO Automotive Control System Co., Ltd. marks the sublimation of FAW Jiefang and WABCO's business cooperation relationship into a cooperative community. The two sides will further exchange and cooperate in technology, products, manufacturing and management. Coordinated development. Hu Hanjie hopes that the employees of the joint venture company can respect the inclusiveness and mutual reference in the work, and build the joint venture company into a company with leading product technology and lean management system, laying a solid foundation for the continued cooperation between the two parties. Chairman Hu Hanjie believes that based on the development needs and professional advantages of FAW Jiefang and WABCO, with the joint venture company as the platform, there will be a broader space for cooperation in the future. FAW Jiefang and WABCO will jointly promote the upgrading and development of the commercial vehicle industry. Provide customers with better products.
Speech by Jacques Esculier, Chairman and CEO of WABCO
Jacques Esculier is full of expectations for the cooperation between the two parties. He believes that the joint venture company's production of disc brakes is only the beginning. FAW Jiefang and WABCO will have broader cooperation prospects. In September last year, WABCO released the brand declaration and value proposition of “Wei Lian Zhikong, Ruixiang Futureâ€, and is committed to improving the automation, networking and electrification of commercial vehicles. These propositions are highly compatible with the Columbus Smart Logistics Open Plan released by FAW. As a technology leader and system integrator of autonomous driving, networking and electrification, WABCO can work with liberation to promote the Chinese commercial vehicle industry to a smarter, greener and safer direction.
Unveiling ceremony
With a 150-year history, WABCO is a global leader in commercial vehicle safety, efficiency and smart connected technology and service delivery. After more than 60 years of development, FAW Jiefang has world-class manufacturing capabilities and industrial experience. It has been widely recognized in China and has become a leader in the commercial vehicle industry. In January this year, the market share of liberated medium and heavy trucks rose to 30.8%, especially The tractor market share is as high as 49.8%. The establishment of a joint venture company by FAW Jiefang and WABCO can be said to be a strong combination of strengths and strengths.
Participants took a group photo
Changchun WABCO Automotive Control Systems Co., Ltd. initially engaged in the manufacture of disc brakes and is currently undergoing product docking and testing. Compared with the traditional drum brakes, the disc brakes are light in weight, easy to maintain, and have good heat dissipation, which can further improve the safety and comfort of the vehicle. At present, the matching ratio of European disc brakes on medium and heavy trucks exceeds 80%, while the matching rate in China is relatively low, less than 20%, which has a large room for development.
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