Every action of Fast has received a lot of attention. This is not only an important influence of the event itself, but also, after each action, Fast has steadily moved further and further away. Fast and the United States Caterpillar, Germany's WABCO Automotive Control Systems and the British Shell and other companies are of far-reaching significance. On July 25, the joint venture between Fast and Eaton has attracted the attention of the industry. .
The total investment of 100 million yuan, of which investment Fast 51% of the total share capital, Eaton invested 49% of the total share capital, Fast Company, a joint venture with Eaton Fast Eaton (Xi'an) powertrain limited liability company Formally signed in Xi'an, the two parties will form a clutch company and will produce passenger car clutch products, medium and heavy truck clutch products, etc.
Fast and Eaton Signing Ceremony
Fast took over full-scale production of 200,000 units in the first phase of the Eaton clutch plant
Li Dakai, chairman of the Fast Group, told the China Truck Network reporter that the joint venture will build a factory in Xi'an, and the clutch plant in Eaton’s Wuxi will be transferred to Xi’an in one year. It is understood that the current Eaton clutch Wuxi plant production capacity of 30,000 units, and the new joint venture plant will reach 200,000 capacity in the first phase, will produce all existing Eaton clutch products, will also produce new joint venture products, the second phase will reach 500,000 capacity, And the products will be oriented to the Asia-Pacific region, Eastern Europe and other countries, and for the joint venture products will be based on dual-brand LOGO early, after the development of the Chinese market to adapt to the clutch products, do not rule out the use of the new LOGO.
Chairman of the Fast Group Corporation and Party Secretary Li Dakai delivered speeches
According to Ken Davis, president of Eaton’s Vehicle Group, the joint venture will manufacture diaphragm spring clutches for the Chinese manual transmission market. Initially, the 395-mm push-type clutch and 430-mm pull-type clutch specially designed by Eaton for the Chinese market will be introduced. After that, more clutch products suitable for the future Chinese market will be developed. As for the new joint venture products, the diaphragms and springs used in clutches are the world's leading technologies and products. At the same time, the joint venture company will also adjust the market requirements to apply the most suitable technology to new products. For Eaton’s current clutch plant in Wuxi, the Wuxi plant will continue to be retained after the joint venture and will focus on the development of hand automatic transmission business, hybrid power business, valve business, and differential business.
Fully open technology, continuous innovation in innovative technologies
For this joint venture, both parties showed great sincerity. Chairman David Li Dakai mentioned that Eaton clutch technology is fully open, and the world brand influence, patented technology and global channels of Eaton clutches will be brought to the joint venture company. Big help.
Fast has a high brand influence in the field of commercial vehicles, and Fast has a complete service network and manufacturing capabilities. The clutch products jointly with Eaton can adapt to the Chinese market and meet the needs of users in the Chinese market. Li Dakai said that both sides will play their respective specialties and promote future joint venture products.
Speech by Da Wenkai, President of Eaton’s Vehicle Group
How does the competitiveness of the joint venture products? Fast chairman Li Dakai expressed great confidence. “We welcome competition. Only competition can promote the progress of the company. It is common for our joint venture products or any products.†Li Dakai mentioned that the world All countries, whether in Europe, America, Japan, or China, have anti-monopoly law, which is to encourage competition. Only competition can make products more energy-saving and emission-reducing, the technology is more advanced, the cost is controlled, and the products are innovative in terms of service life and reliability. . As a company, it is necessary to accelerate the upgrading of products and structural adjustment in order to maintain the sustainable development of the company.
It is in the light of Li Dakai’s innovation and upgrade that Fast sold its sales revenue by 28.9% in the first half of the year. The most important reason is that Fast has insisted on independent innovation in recent years and launched new products suitable for the Chinese market. Stable performance in 2014, which also allows everyone to be more full of expectations for the clutch products of Fast and Eaton joint venture.
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