Listen to this article

ABB Robotics and HASCO, a leading auto parts supplier in China, have formed a joint venture around smart manufacturing for the Chinese automotive industry. The joint venture will build on an existing relationship between the two companies.

The partnership between ABB Robotics and HASCO, which includes ABB’s 40% stake in the joint venture, will expand the use of smart technologies and artificial intelligence within the industry. The two companies have agreed not to disclose further details of the investment.

“As the automotive industry faces its biggest transformation since its inception and sales of electric vehicles are expected to overtake combustion vehicles in many parts of the world by 2035, there is a clear need to support the transition of industry,” said Sami Atiya, President. from ABB Robotics & Discrete Automation. “This joint venture will allow us to further develop HASCO’s leadership position with automated solutions that benefit customers in China which, as one of the largest automotive manufacturing markets, will play a pivotal role in achieving ‘a sustainable transport future.’

The joint venture is expected to start in the second quarter of 2022. It will leverage the expertise and manufacturing experience of both partners to drive efficiencies within the auto parts industry. Customers in a variety of industries, from vehicle bodies to chassis systems, from power and battery electronics to electric propulsion systems, will benefit from new efficient and environmentally friendly manufacturing methods.

In 2022, ABB will open an advanced robotics factory in Shanghai, hosting an on-site research and development center, accelerating innovations in product development, artificial intelligence and customer collaboration on automation solutions.

China recently released a five-year plan for robotics. The document lays out several smaller goals for China’s robotics industry before 2025, but the overarching goal is to make China a key source of global robotics innovation. Even though many of the plan’s goals are not entirely new and may not be met in time, robotics companies and policymakers outside of China need to take the challenge of China’s robotics industry seriously.

Rui Liang, Local Division Manager, Robotics in China (front left) and Linhua Xu, Deputy General Manager of Huayu Automotive Systems Co. (HASCO) (front right) sign the joint venture.

Previous

Ohio State, CAS Open New COVID-19 Driving Test Site

Next

50% COVID-19 positivity at the driving test site; One official says it's not necessarily affected: NorthEscambia.com

Check Also