Bosch (China) Investment Ltd.
Company Profile
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Business Overview
-The Group, one of Germany's leading component manufacturers, first entered the Chinese market in 1909. Since then, it has been providing products and solutions to the local Chinese market, especially focusing on localized service as its long-term development strategy.
-In the automotive sector, the Company is committed to achieving carbon neutrality in China by around 2028 by diversifying its powertrains. Solutions include e-axles, 48V systems for new-energy vehicles, fuel-cell technology for commercial vehicles, electrification technology, natural-gas solutions, and high-efficiency drive solutions.
-As of December 31, 2020, the group operated 56 companies in China, with sales in China of RMB 1,173 billion. In monetary terms, the Company recorded the highest sales in China. The sales volume in China accounted for 19.79% of the group's total sales. The Company employs about 53,000 people in China, the most outside of Germany. (From a Company press release)
Overview by product
| Products | Overview |
| Gasoline engine systems |
In 1995, the Group and a consortium lead by SAIC established a joint venture called United Automotive Electronic Systems Co., Ltd., with both sides each investing 50% in the new company. The company manufactures gasoline engine management systems (EMS) at its facilities in Shanghai, Wuxi, and Xian. The company has a dominant market share in China. |
| Diesel engine systems |
In 2004, the Group and Weifu High-Technology Co., Ltd. established a joint venture called Bosch Automotive Diesel Systems Co., Ltd. In 2005, the company started operations at its plant to manufacture common rail high-pressure fuel injection systems. The company concurrently started operations at its technical center to develop diesel engine technology. The amount invested in the new facility was one of the largest investments among all of the Group’s capital spending projects that took place outside Germany. |
| Chassis systems Automotive electronics |
In 2003, Bosch Automotive Products (Suzhou) Co., Ltd. started operations on its ABS production lines. In 2005, the company built a technical center within its facility in order to research and develop vehicle safety systems. In 2006, it completed a new facility to manufacture automotive electronic components such as ABSs, ESPs, TCSs, various control units, and body electronic products. |
| Electrical drives, Starter motors, Alternators | In 2004, the Group established Bosch Automotive Products (Changsha) Co., Ltd., which started supplying starters and alternators in the same year. In 2006, this company started making motors at its new facility. In August 2016, Robert Bosch Motor (China) Co., Ltd., a wholly owned subsidiary of Bosch Group (China), began operations in the Changsha. |
| Steering systems |
In 1994, ZF Lenksysteme, a joint venture between Bosch and ZF, established Shanghai ZF Steering Co., Ltd. Shanghai ZF Steering currently holds the largest market share in steering systems in China. In Jan. 2015, Bosch Group completed its acquisition of ZF Friedrichshafen AG's 50% share in the joint venture ZF Lenksysteme GmbH. Shanghai ZF Steering became subsidiary of Robert Bosch Automotive Steering GmbH. |
Products
Passenger cars and light commercial vehicles
Powertrain systems
-Gasoline direct injection
-Gasoline port fuel injection
-Flex-fuel and flex start-up systems
-Compressed natural gas
-Hybrid electronic systems
-Thermal management
-Common-rail systems (solenoid)
-Common-rail systems (piezo)
-Transmission technology
-Electric drive
Human machine interface
-Visualization systems
Connectivity solutions
-Connectivity
-Central Gateway CGW
Automated driving
Driver assistance systems
-Lane change assist
-Lane departure warning
-Lane keeping support
-Predictive emergency braking systems
-Rear cross traffic alert
-Road sign assist
-Intelligent headlight control
-Adaptive cruise control
Driver assistance systems
-Active safety
-Passive safety
-Vehicle dynamic management
Interior comfort systems
-Driver information systems
-Seat comfort systems
-Air conditioning system
-Window and sunroof drive
Steering systems
Wiper systems
Commercial vehicles
Powertrain systems
-Natural gas
-Common-rail systems
Human machine interface
-Visualization systems
Interior comfort systems
-Infotainment systems
Connectivity solutions
-Connectivity
Driver assistance systems
-Intelligent headlight control
-Lane departure warning
-Road sign assistant
Driver assistance systems
-Occupant protection system
Steering systems
-Hydraulic and electrohydraulic steering systems
Two-wheelers
Powertrain systems
-Engine management systems
Human machine interface
-Visualization systems for ebikes
Driver assistance systems
-Motorcycle stability control
-Motorcycle ABS
History
| 1984 | Based on a 10-year patent and technology licensing agreement it signed with Weifu High-Technology Co., Ltd., the Company licensed out its production technology and its related information on the A-series fuel injection pumps to Weifu High-Technology. |
| 1994 | The Company, Weifu High-Technology Co., Ltd., and Zexel jointly established Wuxi Europe-Asia Diesel Fuel Injection Co., Ltd. |
| Nov. 1994 | The Company, Bosch of Germany, and ZF Lenksysteme GmbH jointly established Shanghai ZF Steering Co., Ltd. |
| Dec. 1995 | The Company and Zhong-Lian Automotive Electronics Co., Ltd. jointly established United Automotive Electronic Systems Co., Ltd. |
| April 1996 | The Company and Nanjing Electric Group jointly established Nanjing Huade Spark Plug Co., Ltd. |
| 1998 | The Company established Bosch Trading (Shanghai) Co., Ltd. |
| Jan. 1999 | The Company established Bosch (China) Investment Ltd. |
| Sep. 1999 | The Company established Bosch Automotive Products (Suzhou) Co., Ltd. |
| June 2001 | ZF Lenksysteme GmbH and Jincheng Corporation jointly established ZF Steering Jincheng (Nanjing) Co., Ltd. |
| Aug. 2004 | The Company and Weifu High-Technology Co., Ltd. jointly established Bosch Automotive Diesel Systems Co., Ltd. The new company absorbed Wuxi Europe-Asia Diesel Fuel Injection Co., Ltd. |
| Dec. 2004 | The Company established Bosch Automotive Products (Changsha) Co., Ltd. in Changsha, Hunan Province. |
| April 2005 | The Company established Bosch Suzhou Technology Center as a technology center to develop electronic control systems in Suzhou. |
| Nov. 2005 | Bosch Diesel Technology Center (Wuxi) started operating. |
| 2005 | ZF Lenksysteme GmbH established ZF Commercial Vehicle Steering (Shandong) Co., Ltd. in Jinan, Shandong Province. |
| June 2008 | Bosch Chassis Systems (Dalian) Co., Ltd., a brake system subsidiary, started commercial production. |
| Nov. 2008 | Bosch (Hulunbeier) Automotive Test and Technology Center Co., Ltd., which is a winter road testing center in Yakeshi, Inner Mongolia, started operations. |
| Feb. 2010 | The Company acquired a remaining 49% stake in Nanjing Huade Spark Plug Co., Ltd. from Nanjing Electric Group, making the entity its wholly-owned subsidiary. |
| Mar. 2011 | Nanjing Huade Spark Plug Co., Ltd. was renamed Bosch Automotive Products (Nanjing) Co., Ltd. |
| Apr. 2011 | The Company opened its new headquarters in Shanghai, China. |
| Feb. 2012 | Established Bosch Automotive Products (Chengdu) Co., Ltd. |
| Oct. 2012 | Established Bosch Automotive Components (Changchun) Co., Ltd. |
| Nov. 2012 | Established Foundation Brakes (Wuhan) Co., Ltd. |
| Nov. 2012 | Established Bosch Car Multimedia Wuhu Co., Ltd. |
| Jan. 2013 | Bosch (Ningbo) Light Electric Vehicle Motor Co., Ltd. was established. |
| Jul. 2013 | The Bosch Group officially opened its new Chinese subsidiary, Bosch Automotive Products (Chengdu) Co., Ltd. |
| Nov. 2013 | ZF Shanghai Steering Systems (Wuhan) Co. Ltd. was established. |
| 2014 | Bosch Mahle Turbo Systems (BMTS), a joint venture between Bosch and Mahle, announced that it has established Bosch Mahle Turbo Systems (Shanghai) Co., Ltd., a wholly owned production subsidiary in Shanghai, China. |
| Jan. 2015 | Bosch Group completed its acquisition of ZF Friedrichshafen AG's 50% share in the joint venture ZF Lenksysteme GmbH. ZF Lenksysteme GmbH changed its name into "Robert Bosch Automotive Steering GmbH" and became Bosch's wholly owned subsidiary. The Chinese subsidiaries of ZF Lenksysteme would be merged into Bosch Group. |
| Aug. 2016 | Robert Bosch Motor (China) Co., Ltd., a wholly owned subsidiary of Bosch Group (China), began operations in the Changsha. |
| May. 2017 | Guangdong Vanbo Electric Co., Ltd., a joint venture between Bosch and Guangdong Vanward New Electric Co., Ltd., was established and operated. |
| Jul. 2019 | The Bosch Digital Cabin R&D Center was inaugurated in Shanghai. |
| Nov. 2020 |
Launched operations at the Innovation Software Development Center in Wuxi. |
Supplemental Information 1
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Note: A figure in brackets ( ) indicates a loss