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April 21, 2017

Benteler launches its Electric Drive System at Shanghai show

Benteler Automotive is celebrating the world premiere of its Electric Drive System at the Shanghai Show.

Benteler Automotive is celebrating the world premiere of its Electric Drive System at the Shanghai Show.

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The Germany based supplier says the fully in-house designed chassis system will provide an unprecedented degree of functional flexibility and will facilitate integrated solutions in the field of electric mobility.

“The Auto Shanghai show is the ideal setting for the presentation of our latest system innovation, the Benteler Electric Drive System,” says Laurent Favre, CEO Benteler Automotive. “China has set itself ambitious goals in the electric mobility sector. These ambitions are perfectly in line with our new chassis system, which marks the next step toward more sustainable mobility solutions.”

As the world’s single largest automotive market, China plays an essential part in the company’s global production network. With currently eleven operating plants and additional joint venture locations, Benteler is already a well-established and reliable business partner for customers and partners in the Asia-Pacific region.

Laurent Favre adds: “We intend to strengthen this commitment by generating up to 30% of our annual global turnover in China by 2025. The announcement of the Benteler Electric Drive System is a powerful symbol for this development, as well as for our outstanding collaboration with our local partners.” Hubertus Prinzler, vice president Research & Development Benteler Automotive, elaborates on the benefits of the electrified chassis system: “The Benteler Electric Drive System chassis combines our various competencies perfectly into one complete solution which we will be offering our customers as a service from a single source. This way, customers will save several years of development time and this will enable them to accelerate their growth.”

The system will offer a new level of functional flexibility, while at the same time accounting for emission reductions, lightweight construction and the highest safety standards. It will include modules and components such as the battery storage system, the electrified front and the rear axles as well as the crash management and suspension systems, which are scalable for numerous vehicle segments. This way, the Benteler Electric Drive System will create improved synergies with adjacent elements and a more efficient vehicle architecture. With the company’s experience in module assembly, different electric motor types will be integrated according to customers’ requirements.

Tony Shi, executive vice president Benteler Automotive Asia/Pacific, underscores the significance of the company’s system innovation for the Asia-Pacific region: “Unveiling the Benteler Electric Drive System at the Auto Shanghai exhibition is yet another milestone for Benteler Automotive in China. The Chinese market has always played a highly important role in our global strategy. Our customers benefit from our global technical know-how, which we implement locally in China.”

The company opened its first plant in Shanghai with its partner Shanghai Huizhong Automotive (SHAC) in 2002 and is continually extending its local footprint with production plants and joint ventures in each of the regional clusters in which key customers operate. Recently, Benteler signed an extension to its partnership with Shanghai Huizhong Automotive (SHAC).

Tony Shi continues: “We are striving to increase the number of our local suppliers in order to support our steady growth in the region. We also focus on enlarging our engineering staff to boost local Research and Development activities and respond to market trends more quickly. All of this enables us to build strong business relations with our partners and customers in China.”

Free Report
img

What does the future hold for the US electric vehicles market?

The US Electric Vehicles (EV) market has established itself as one to watch. Despite China maintaining the number one spot, the US holds significant standing as one of the major EV markets, with GlobalData’s whitepaper identifying a strong growth trajectory within the forecast period. This report further analyzes the trends, market drivers, and government incentives set to influence and facilitate the market.   This report also looks beyond the US and touches on environmental concerns set to drive the EV market worldwide.   Want to find out more? This report demonstrates GlobalData Explorer’s sector analysis capabilities, showing how you can:  
  • Get historical and forecast market sizing data, with country specific insight for 22+ of the world’s largest industries
  • Track sector dealmaking activity, to view aggregate volumes, specific deals and top investors for all major deal types in M&A, Capital Raising, and Partnerships
  • Analyze news from GlobalData Explorer’s News Database – enable screening and alerts by industry, company, geography and news sentiment for filtered insight
  • Identify and track the key disruptive trends that are keeping the top digital thought leaders talking through social media analytics
  Consult this report now to find out how you and your company can benefit from our Explorer platform.
by GlobalData
Enter your details here to receive your free Report.

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