Invest 1 billion yuan in new technology R & D center of Huayu automobile

Posted 2024-07-31 00:00:00 +0000 UTC

The development of electric and intelligent networking not only brings opportunities to Chinese auto enterprises, but also to Chinese auto parts enterprises. On November 27, the commencement ceremony of the construction project of the R & D center of Huayu Automobile System Co., Ltd. was held in Shanghai. It is reported that the technology R & D center will strive to build a forward-looking layout that is oriented to the core competitive advantages of the "new four modernizations" and gathers key innovation resources. Huayu automobile may also be familiar to consumers. It is a component enterprise of SAIC Group and one of the largest auto component enterprises in China. Since its establishment 10 years ago, the company has completed four major mergers and acquisitions, including the acquisition of the remaining 50% equity of Yanfeng Visteon Automotive Trim System Co., Ltd. from Visteon in 2013; the reorganization of global automotive interior business between Yanfeng Automotive Trim System Co., Ltd. and Johnson Controls (now American adient) in 2015, and the establishment of Yanfeng automotive interior system Co., Ltd In the same year, it acquired and fully held 100% of the equity of Shanghai Huizhong Automobile Manufacturing Co., Ltd.; in 2017, it acquired the remaining 50% of the equity of the former Shanghai Xiaosi lamp Co., Ltd. (now renamed as Huayu vision). The new technology R & D center will also make further efforts in the trend of electrification and intelligence. It is reported that the investment project is located in the core area of Zhangjiang Science City, Pudong New Area, Shanghai, with a total investment of 1.019 billion yuan, covering an area of about 32 Mu and a total construction area of about 100000 square meters. It is composed of three podiums and three seven story towers, which can support the R & D and office needs of up to 1400 people. It is expected to be completed in July 2022. According to the data, according to the distribution of R & D investment of Huayu automobile in recent years, the amount of electric and intelligent investment has increased significantly. In 2018, the company's sales volume was 157.2 billion yuan, and its investment in the fields of intelligent interconnection, electric system and lightweight was 560 million yuan, 1.24 billion yuan and 1.09 billion yuan respectively. In the field of electrification, Huayu automobile's electric drive, heat pump air conditioning compressor and other fields have achieved breakthroughs and mass production. In the field of intelligent Internet connection, Huayu has layout in millimeter wave radar, vehicle camera, 360 degree look around system, e-booster, intelligent driving active sensing system and other fields. It is understood that at present, the 24GHz and 77GHz millimeter wave radars of Huayu automobile have achieved mass production, the forward-looking camera has completed the road verification test under comprehensive working conditions, and e-booster has successfully obtained the project site of. "Huayu Magna is the global supplier of MEB electric drive platform". In conclusion, Huayu automobile is actively responding to the technological change and ecological reconstruction of the automobile industry, and continuously increasing investment and layout in the fields of electrification, intelligent networking, etc. After the completion of the technology R & D center, the market competitiveness of its core technology will be further consolidated.

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