Bosch signs deal with BAIC to provide high-end automotive products

Bosch China signs a strategic partnership with China’s state-owned BAIC Group (BAIC) on February 1 to strengthen relationships with leading suppliers in the fields of smart cockpits, smart driving and automotive connectivity, according to the group Did.

The two companies have a long history of cooperation in the supply of electronic fuel injection systems, chassis and smart driving systems. In the future, Bosch will offer more and more high-end automotive solutions for his BAIC, such as smart cockpits and smart driving solutions. Chinese public groups strive to develop automotive innovations, aiming not only to capture market share in China, but also to export. The Group will provide intelligent automotive technology to other countries, according to his Feb. 1 announcement.

Meanwhile, Bosch is also seeking expansion in China. The company announced on January 12 that it plans to invest a total of up to 7 billion yuan (US$1 billion) in China over the next few years to expand the country’s electric and smart mobility product research and development and manufacturing capabilities. was announcing.

On January 12, Bosch Automotive Products Suzhou, a wholly owned subsidiary of Bosch based in Suzhou, signed a contract with the Suzhou Industrial Park Administration (SIPAC) to build a new manufacturing facility for electric vehicle (EV) components and automated driving solutions. ) entered into a contract with

Bosch China announced on January 12 that the new site, covering 300,000 square meters of land, is expected to be completed by mid-2024.

According to Bosch, the plant will be Bosch’s main location in China for developing and producing next-generation SiC power modules for electric motors, the new integrated power braking system IPB 2.0, smart decoupling braking systems, and high-end automated driving solutions. be one.