久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Motoring

ZF confident in auto market despite coronavirus outbreak

By Li Fusheng | China Daily | Updated: 2020-03-30 11:14
Share
Share - WeChat
ZF shows a Jaguar model with its autonomous driving solutions at the Shanghai auto show in 2019. [Photo by Li Fusheng/China Daily]

German auto supplier ZF is confident in the potential of the automotive market despite the novel coronavirus epidemic that is affecting over 100 countries and regions in the world.

Carmakers from Volkswagen to GM are temporarily closing their manufacturing facilities in Europe and North America due to the outbreak. In China, where the epidemic is basically curbed, carmakers are revving up production.

"At present, we are witnessing markets collapsing overnight," said ZF CEO Wolf-Henning Scheider at the group's annual press conference.

He said the current situation has made forecasting the company's 2020 business output impossible, but ZF remains confident and is preparing to ramp up production at plants in Europe and the US after carmakers resume production.

In Asia, ZF has resumed production. In China, the continent's largest market, plants have seen their production returning to 90 percent of the normal level, he said.

"We will continue to stand by our customers and suppliers as a reliable business partner and support them when they need us," Scheider said.

China was ZF's third-largest market in 2019 after the United States and Germany, with sales revenue reaching 5.8 billion euros.

Besides resuming plant production, ZF inked a deal in early March to build a new joint venture in China.

Located in Northeast China's city of Shenyang, the joint venture will develop and produce electric motors and components for various vehicle applications.

The joint venture will also supply components for the new ZF hybrid transmission, the company said. Volume production at the joint venture is expected to start in 2021.

Last year, ZF's global sales revenue was 36.5 billion euros, which represented a 1.9 percent decrease from 2018.

"The general economic climate and special challenges connected to the overall transformation of our industry had a tangible impact on our business last year," Scheider said.

"Nevertheless, we won several high-volume orders, including for the next generation of our hybrid-enabled 8-speed automatic transmission and for electric drives for cars and buses."

Despite the challenging environment, ZF increased its research and development expenditure to 2.7 billion euros, accounting for 7.3 percent of its sales revenue. The figure was 6.7 percent in 2018.

"When we overcome the current crisis, we want to continue to invest in future technologies in a focused manner. This will enable us to further expand our competencies as a leading systems supplier," Scheider said.

ZF said participation and partnerships play a decisive role in the company's research and development, particularly in autonomous driving.

These include, for example, the acquisition of a 60-percent stake in a Dutch company called 2getthere, an established supplier of autonomous electric passenger transport systems, and the recently slated cooperation with Microsoft to improve development processes and ramp up ZF's software capabilities.

"This is important for our customers who require flexible cooperation and short delivery times for software updates," Scheider said. "In addition, we will be able to develop software even if the hardware is not yet available. ZF will also offer software solutions as individual products in the automotive market."

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 日本一二线不卡在线观看 | 久草综合在线观看 | 久久精品a亚洲国产v高清不卡 | 一本久综合久久爱 | 免费人成在线观看网站视频 | 亚久久伊人精品青青草原2020 | 暖暖免费高清日本一区二区三区 | 国产免费一区二区三区在线 | 国产欧美日本亚洲精品五区 | 久草视频手机在线观看 | 欧美成人精品手机在线观看 | 中国性孕妇孕交在线 | 国产极品精频在线观看 | 亚洲高清毛片 | 免费看欧美日韩一区二区三区 | 久久狠| 99爱在线观看精品视频 | 日韩一级大毛片欧美一级 | 亚洲图片在线视频 | 久操免费在线 | 韩国一级黄色大片 | 可以看的毛片网站 | 国内精品久久久久久影院老狼 | 国产大陆亚洲精品国产 | 怡红院在线观看在线视频 | 亚洲午夜久久久久国产 | 国产精品欧美亚洲韩国日本不卡 | 亚洲天堂网在线观看 | 国产精品99r8在线观看 | a亚洲天堂| 日韩在线观看中文字幕 | 国产成人午夜精品影院游乐网 | 欧美在线a | 欧美怡红院免费全视频 | 国产精品国产三级国产an | 久久久一级 | 九九99在线视频 | 中文字幕国产一区 | 免费人成年短视频在线观看免费网站 | gv手机在线观看 | 久久久亚洲欧洲日产国码二区 |