June 6, 2017, China Chongqing-Dana Co., Ltd. (NYSE: DAN) today held a groundbreaking ceremony for manufacturing assembly plants in Chongqing, China, covering an area of 7,500 square meters (80,000 square feet)
Will be the Chinese market, the production of advanced powertrain products.
The plant is scheduled to open at the end of 2018 and will produce the main reducer unit, which is characterized by the integration of the Spicer® Smart Interconnect ™ Discrete all-wheel drive system. This technology will enhance the fuel efficiency of SUVs, cross-boundary vehicles and passenger cars.
Dana will invest more than 23 million US dollars (equivalent to about 160 million yuan) to build this new facility, and will be in 2020 when the factory production of about 130 employees.
The factory is located in Chongqing Shuangjiang New District under the jurisdiction of the fish complex industrial development zone, Chongqing City, Liangjiang New District, and fish complex development zones at all levels of government and departments to provide adequate funding and policy support, site development support and other support The This is the first 15 facilities in Dana in China and the first in Chongqing.
"We are pleased to bring our latest all-wheel drive technology to the Chinese market and extend our footprint to Chongqing for the first time, which reflects our strategic commitment to the Chinese market." Dana Light Vehicle Group President Bob Pyle said. "The reason why we build this advanced factory in Chongqing is to use the local skilled labor force, a mature supplier network and efficient transport routes - all thanks to the local government 's vision and support.
Improve the fuel efficiency of advanced technology
Spicer's intelligent interconnection technology is currently in the prenatal testing phase, helping global automakers cope with evolving emissions regulations while ensuring safety and handling, which is also a major advantage for all-wheel-drive vehicles.
The Spicer Intelligent Interconnection System can operate the powertrain system in a more fuel economy front wheel drive mode under most driving conditions. When the wheel slip is detected, such as during fast acceleration or during coasting, the system automatically switches seamlessly to the all-wheel drive mode.
The introduction of a separate all-wheel drive system in China is an example of the company's strategy for Dana's "driving into the fast lane". Spicer intelligent interconnection system can help customers in the rapidly changing Asia-Pacific region to achieve extraordinary growth, while the commercialization of new technologies to meet customer and market needs, thus opening up the global market.
It also shows that Dana fully supports the modernization strategy consistent with the 'Made in China 2025' program proposed by the Ministry of Industry and Information of the People's Republic of China, as well as the 'thirteenth Five Plan'. "
"The development of the vehicle has a higher need for innovation," said Antonio Valencia, president of Rena China. "Spicer's intelligent interconnection system is the latest in a series of advanced technologies from Denner, which will help the mainframe factory market trend"
Spicer intelligent interconnection systems for this project will be tested and passed at the Denner China Technology Center in Wuxi. As part of Dana's global R & D system, Denner China Technology Center is fully equipped to support the entire process from conceptual design to mass production.
Dana China Technology Center was established in 2013, with more than 50 engineers, the team focused on the development of new products for China and the Asia-Pacific region, is committed to upgrading technology to better meet the needs of the Chinese market.
Dana currently has about 6,000 employees in China, including a joint venture owned by Dana.
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