Bosch to establish an automotive electronics plant in Changzhou

Automotive Electronics plant Wujin

In the past, the phrase "Made-In-Germany" would for many Chinese consumers suggest products such as automobiles, home appliances and beer.

Today, Germany-manufactured sensors, ship engines and industrial robots are among a range of high-tech goods helping to further boost Sino-German trade to the extent that China has overtaken the United States and France as Germany's top trading partner.

In 2016, trading volumes between China and Germany reached 170 billion euros ($194 billion), according to data from Germany's Federal Statistics Office.

Among the German companies at the forefront of this trading boom are tech giants Siemens AG and Robert Bosch.

Bosch, a German technology and service supplier, is planning a series of ventures in China after sales in the country last year reached a record high of 91.5 billion yuan ($13.48 billion).

Opening of the new Bosch plant in Wujin, China

These include a new joint venture for gasoline engine management systems in Chongqing, an automotive electronics plant in Changzhou, Jiangsu province, and a power tools plant in Chengdu. Bosch invested 4.9 billion yuan in China last year.

Wujin, Changzhou – The Bosch Group continues its strong investment in China: the technology and service company opened a new plant for electronic components in the southeastern Chinese city of Changzhou. “With another production site for Bosch Automotive Electronics in China we are strengthening our successful localization strategy and underlining Bosch’s confidence in the Chinese market”, said Klaus Meder, president of Bosch Automotive Electronics. By 2019, Bosch will have invested over 100 million euros (800 million CNY) in the new site where it plans to employ 1,300 new associates. “With the new electronic plant we are also reacting to the growing local demand for connected products and solutions”, Meder continued. According to a current study, connected driver assistance systems could for example prevent an annual total number of about 20,000 accidents that result in injuries in China.

Source:changzhou.gov, bosch

Related:

Thyssenkrupp builds its largest plant in Changzhou

Two Japanese Robot Makers Set Up New Plants In Changzhou

Since you're here

Do you want to share a good news story? Let us know If you want to tell a story or share some news with us.