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On October 13th, Bosch Group Chairman Franz Ferenbach announced at a press conference in Beijing that between 2008 and 2010, the Bosch Group will increase investment in China by nearly 850 million Euros. In terms of energy efficiency, it will be 3 During the year, it invested about 200 million euros to develop a diesel common rail system. Feirunbach pointed out that new energy vehicles, especially lithium-ion battery technology, should not be "emergency" in the market and should be used with caution.
Environmental protection first attack low price market
For the environmental protection of the automotive industry, Franz Ferenbach noted that Bosch's investment in China is focused on developing energy-saving, clean and green driving solutions.
According to reports, the Bosch Group's new matching project with the National IV emission standard to be implemented in 2010 has now started, and will invest approximately 200 million Euros in the diesel common rail system in the next three years, with its joint venture partner in China. Vortex has jointly developed common rail pumps.
"The expansion of the diesel common rail system and its wide use will help reduce emissions and contribute to the further development of the Chinese automotive industry," said Fehrunbach. It is understood that the Bosch Group not only vigorously develops diesel common rail technology, but also actively devotes itself to the development of geothermal and solar energy technologies and the production of solar cells.
In addition, the Bosch Group will further expand its production capacity in Wuxi. In order to support the National 3rd emission standard for diesel vehicles, the output of diesel common rail systems in Wuxi's production base is expected to increase from 100,000 units last year to 1.4 million units in 2010.
Fehrenbach also pointed out that in the next few years, the demand for low-price and ultra-low-cost cars will become the fastest growing part of the global automotive market, and Bosch will be committed to product development in this area. At present, the ValueMotronic engine control system for low-priced cars has been successfully developed and applied to the Indian Nano. From 2008 onwards, cost-optimized engines, diesel injection systems and airbag control units for commercial vehicles will also begin production in Asia.
Lithium battery is too fast to apply
Buffett’s company spent US$230 million to acquire 10% of BYD’s shares. The strong performance of BYD’s reversed market trend indicates that resource conservation and green innovation are becoming a new direction for the development of the industry. According to statistics, at least 10 new energy vehicles will be available in China next year, and the momentum of new energy vehicles should not be underestimated.
For the development and application of electric vehicles, Fehrenbach pointed out that the development path of new energy vehicles must be viewed in stages. From the nearest to 2020, the best way to reduce CO2 emissions and improve energy efficiency is to improve the combustion system, while other technologies are currently not mature. After 2020, new energy vehicles will enter the hybrid era and then enter the era of electric vehicles.
"The invention of a battery for automobiles is the same as that for an internal combustion engine system 100 years ago." Fehrenbach believes that the research and development of car batteries is of epoch-making significance, but lithium-ion batteries are unsafe to put into the market too quickly, because batteries The energy intensity is so great that if there are any problems or accidents, the research and development of this technology will be affected, even ending the market for battery energy technologies. Therefore, Bosch Group will be very cautious in applying this technology.