On the 19th, the city’s auto industry added another transnational marriage, and the world’s auto transmission gear giant—Antonov of the United Kingdom and Lanzhou Industrial Co., Ltd. established a joint venture company to produce automatic transmissions for cars. Antonov With technology and 30 million euros in shares, Lan Yi shares in assets, each holding 50% of the shares. It is understood that after the base is put into operation, the cost of automatic transmission procurement in our city is expected to drop by five to six thousand yuan each, and the price of automobile terminals will also be reduced.
Transmission giant marry Lan Yu
“Now, an Antonov company with a total investment of 300 million yuan and an annual output value of nearly 2 billion yuan has settled in Lushan.†At the signing ceremony for the Lushan County Investment Promotion Project held yesterday, the Bishan County official announced that Antonino The company will establish a joint venture company with Chongqing Lanxun Industrial Co., Ltd. in Shaoshan to build a production base for China's auto transmission.
Chen Xiaohong, general manager of Chongqing Lanxun Industrial Co., Ltd. stated that Lanxun is a private enterprise specializing in the production and sales of automobile and motorcycle gears, automobile transmissions and engine blocks. "The core technology of the Geely 4AT automatic transmission is produced by us." Chen Xiaohong said that Lan Hao currently has the capacity to produce 600,000 manual transmissions each year. "This is why Antonov has taken a fancy to us."
It is understood that Antonov is one of the three largest transmission giants in the world and the company is listed on the London and Amsterdam stock exchanges respectively. The newly established joint venture company each holds 50% of the shares and is expected to start production next year. After production, it will form an annual capacity of 200,000 units of the 6AT automatic transmission.
"Chongqing" cheaper 5,000 yuan
At present, more than 70% of the automatic transmissions required by China rely on imports. This has led to the lack of partners in automatic transmissions in many of our country's autonomous vehicles, or the price is still high. The automotive automatic transmission has become a bottleneck restricting the development of China's automobile industry.
“At present, the import price of 4AT automatic transmissions is about 1 million yuan for each unit, and it is more than 15,000 yuan for 6AT.†Chen Xiaohong said that the joint venture company mainly produces 6AT automatic transmissions, supporting medium-to-high-end models. “Antonio is expected to be domestically produced. The price of the 6AT automatic transmission will be less than 10,000 yuan,†said Xiaohong Chen. By then, the purchase cost of each car is expected to decrease by five to six thousand yuan.
Lifan 620 will take the lead early adopters
According to Guan Fengjin, executive vice president of Lifan Group, Lifan is very satisfied with the quality of the 6AT prototype. He hopes to reserve at least 10,000 units of the first batch of products and may order a certain number of products according to Lifan’s production needs.
"We will soon ship a Lifan 620 to Antonov's UK headquarters for matching, and the other will stay in Lushan for testing." According to Chen Xiaohong, vehicle companies currently in contact with them also include Chang'an, Jianghuai, BYD, GAC, and Haima Motors. "If Antonov's product is really high quality and low price, we will certainly choose local procurement, which has great benefits for cost control." Changan Automobile related responsible person said.
News background
Antonov had failed to cooperate with Loncin
Antonov entered China at the end of 2005 and reached a technology licensing agreement with Geely. However, in 2007, Geely's internal adjustments and the cooperation between the two parties were interrupted and the cooperation was suspended due to poor communication. Afterwards, Antonov and Chongqing Qingshan Transmission Co., Ltd. failed to contact each other and joined hands with the motorcycle manufacturer Loncin. However, after the one-year "navigation agreement" of the two sides ended in August 2008, Longxin took a cautious attitude. This year 2 In July, Loncin withdrew from the joint venture project.
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