CHINA: Wonder Auto announces collaboration with BYD
Wonder Auto Technology, a manufacturer of automotive electrical parts, suspension products and engine accessories in China, has announced that one of its subsidiaries, Jinzhou Halla Electrical Equipment (Jinzhou Halla), has entered into a joint development agreement with Shenzhen BYD Auto Company.
According to the agreement, Jinzhou Halla will design and develop alternator prototypes for Shenzhen BYD's F3/F3R sedans with 1.3- and 1.5-litre engines and sample deliveries will commence on 20 November for testing.
"We believe BYD will play an important role in the development of the automotive industry in China. In December 2008, Wonder Auto entered into similar agreements to develop starters for BYD. The cooperation was successful and BYD is now one of our major customers for starters. This newly signed agreement for alternators again demonstrates our strong R&D capabilities and will also bring us at least 100,000 extra unit sales next year," said Qingjie Zhao, chairman and CEO of Wonder Auto.
"Besides BYD, we are also actively cooperating with other major domestic and international auto and engine manufacturers for the development of new products. We believe such cooperation will help the company to include more quality manufacturers into our customer base and support the fast growth of our company."