Lighting and electronics expert Hella and Chinese company BHAP (part of BAIC) are looking to intensify their existing collaboration. This has been announced by both partners in a statement of intent. Until now, the existing partnership has focused on the development and production of lighting systems for the Chinese market. This collaboration is now being expanded to cover the electronics and aftermarket business.
"For us, China is and will continue to be one of the most important automotive markets in the world", says Hella CEO Dr. Rolf Breidenbach. "That is why we are looking to further expand our presence in China. In doing so, we will rely on both our own Hella network as well as on-site cooperation with successful Chinese companies such as BHAP."
Go deeper with GlobalData
BHAP chairman Han Yonggui adds: "With Hella, we have a close and highly respected partner by our side, with whom we have nurtured a successful collaboration for a number of years. We are delighted to now be pursuing the goal of intensifying our partnership and expanding it to include key future issues within the automotive sector."
Hella and BHAP thus intend to extend their collaboration to the area of electronics. The mutual development and production of electronic products is to be intensified in particular, above all in the area of control units and battery management systems. If the order volume is high enough, there are also plans for the mutual founding of a production company. Furthermore, Hella and BHAP plan to take their established partnership in the lighting business and apply it to the aftermarket. The collaboration is also aimed at targeting highly modern driver assistance systems, which Hella will contribute to with innovative radar sensors and camera software.
Hella and the BAIC Group company Beijing Hainachuan Automotive Parts (BHAP) launched the joint venture Beijing Hella BHAP Automotive Lighting in early 2014. The focus of this joint undertaking is on the development and production of lighting systems for the Chinese market. The joint venture currently has a development team with over 150 employees. Furthermore, a joint plant for automotive lighting technology is set to be put into operation near the Chinese metropolis of Tianjin at the end of October 2017.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
