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On March 15, Bosch Automotive Diesel Systems Co., Ltd. signed a memorandum of understanding with the National High-tech Industrial Development Zone of Qingdao. Bosch will invest about 1.6 billion yuan to build the second production base of Bosch diesel technology in China.
Bosch Automotive Diesel Systems Co., Ltd. is a joint venture established by Bosch and Wuxi Weifu Hi-Tech Group Co., Ltd. Bosch holds 67% of the shares. The establishment of a production base in Qingdao will significantly increase the production capacity of Bosch diesel technology in China.
According to the memorandum of understanding signed by the two parties, the total investment for the construction of the second production base is approximately 1.6 billion yuan, and it is planned to be constructed in two phases with an investment of 800 million yuan each. The production base is located in the Qingdao National Hi-tech Industrial Development Zone and covers an area of ​​110,000 square meters. Its main product injectors can accurately control fuel injection volume and help vehicles achieve energy conservation and emission reduction.
On March 15, China's first largest clean diesel technology tour event, Bosch Clean Diesel Technology China Tour also arrived in Qingdao. Through its original "mobile display unit", "experience tour" and test drive activities, Bosch has vividly demonstrated to Qingdao residents the clean diesel technology and its multiple advantages of "clean, energy-saving, and powerful". The Bosch Clean Diesel Technology China Tour was launched in Wuxi last October and has been successfully held in about 10 cities including Shanghai, Guangzhou, Shenzhen, and Wuhan.