Bosch Group: Future China business is higher than GDP growth

On April 20th, 2013, Bosch , the world's leading automotive technology and service provider, debuted at the Shanghai Auto Show. Focusing on the theme of “leading the future of driving technology”, Bosch exhibited a series of clean economical, safe and comfortable automotive technology solutions. Covers a wide range of business areas including gasoline systems, diesel systems, chassis control systems, starters and generators, automotive electronics, automotive multimedia, electronic drives, automotive aftermarket, and more.

Dr. Chen Yudong, President of Bosch (China) Investment Co., Ltd., stated at a press conference scheduled for the media that although the overall performance of Bosch Group has been stagnant in 2012, the automotive technology business in China is faster than that of automobiles. The average development of the industry shows that its market share has increased. The overall development of Bosch China is faster than the development of China's GDP. This is the goal that Bosch China has strived to achieve since 2011 and in the coming years.


Dr. Chen Yudong, President of Bosch (China) Investment Co., Ltd.
Dr. Chen Yudong, President of Bosch (China) Investment Co., Ltd.

The reporter noted that in this auto show, Bosch displayed the latest powertrain electrification products developed by the local company: a segregated motor that has been optimized and designed to maintain the high quality and reliability of the previous generation of products. It is a widely used product. The cost-effective products of various new energy vehicle power systems; the power electronic controllers tailored for the Chinese market have improved product performance through the design improvements of power electronic modules and cooling systems. In addition, the hydraulic hybrid system is another new energy vehicle technology recently developed by Bosch: it can greatly improve the vehicle's fuel consumption and carbon dioxide emissions, and the hydraulic accumulator of the system is robust; at the same time, the cost is higher because no battery is needed. low. It is expected that this technology will save up to 45% in urban traffic.

At the same time, Bosch is also committed to reducing the fuel consumption and carbon dioxide emissions of its powertrains through various traditional technical solutions: Various diesel high pressure common rail system solutions including CRS1-16, CRS2-20, and CRS3-20. It can meet the diversified market demands from passenger cars to commercial vehicles; as a start-stop system that is particularly suitable for energy-saving and emission-reduction schemes for urban transportation, it can also help domestic vehicles to reduce fuel consumption and carbon dioxide emissions by 5%-8%. At the same time, the Bosch booth also included a turbocharger jointly produced by Bosch and Mahle. This product has improved combustion efficiency through exhaust gas turbocharging technology and helped to miniaturize the engine and achieve better energy-saving and emission-reduction effects.

Adhering to the corporate strategy of “rooting local and serving local”, Bosch actively promotes the localization of production, R&D and management. As of now, Bosch Automotive has 11 automotive technology centers, a winter testing ground, 22 automotive technology production bases, and more than 1300 Bosch after-sales service sites in China. About 2,100 R&D personnel work closely with the customer team. Develop innovative technologies and solutions for Chinese consumers that suit market needs.

For the localized talent policy implemented in China, Rui Shiyi, a member of the Board of Directors of the Bosch Group and head of the Asia-Pacific region, said that Bosch has dared to use Chinese executives in several business units. The courage comes from the company’s long-term experience. In the company's 127-year history, localized management has done a very good job.

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