On March 21, 2019, AIWAYS Automobile Co., Ltd. (hereinafter referred to as “AIWAYS Automobile”) and “chemical giant” BASF (China) Co., Ltd. (hereinafter referred to as “BASF”) Aiways Automobile headquarters in Shanghai signed a strategic cooperation agreement.
Fu Qiang, co-founder and president of AIWAYS, Wu Jing, executive vice president, Wang Dongchen, chief technology officer and general manager of the technology center, and Zheng Daqing, global senior vice president of business and market development, BASF Greater China, and their delegation discussed smart electric vehicles The manufacturing and R&D of BASF will be discussed in an all-round way, and the two parties have decided to hold a BASF technical exchange day at the headquarters of AIWAYS in the near future. It is reported that AIWAYS has previously used BASF’s oil, liquid products and coating products. The signing of this strategic cooperation marks that the two parties will have more in-depth cooperation in various fields such as lightweight materials, color development, and battery material research, with a view to bringing consumers more perfect smart electric vehicles. Aiways’ first mass-produced car U5, which is about to hit the market, will be the first work to witness the results.
Aiways and BASF Strategic Cooperation Signing Ceremony
Wu Jing, executive vice president of Aiways Automobile, said that based on international standards and gathering global high-quality resources are the keys to the long-term sustainable and healthy development of enterprises. The strategic cooperation between Aiways Automobile and BASF will further enhance the multi-dimensional competitiveness of the enterprise and establish the commanding heights of Aiways Automobile’s strength to participate in international competition.
Zheng Daqing, Global Senior Vice President of Business and Market Development, BASF Greater China, believes that the growth of global new energy vehicles mainly comes from the strong demand in the Chinese market, and AIWAYS, as a global smart electric vehicle company, Not only does it have an industry-leading level in R&D innovation and process quality, but more importantly, AIWAYS’ vision of “making travel life better” and BASF’s commitment to “creating new chemical functions and pursuing a sustainable future” The concept is highly compatible.
Cooperating with global suppliers is the choice of many enterprises at the start-up stage, but it does not mean that enterprises can ensure the integration and effective application of resources. AIWAYS has simultaneously promoted the global strategic layout since its inception. At the just-concluded Geneva Motor Show, AIWAYS, as the first new domestic automaker to exhibit with a mass-produced model, opened reservations for the U5 model in Europe. Once it was unveiled, it was unanimously recognized by the global media and consumers. The strategic cooperation with BASF has upgraded the luxury international supply chain of AIWAYS Automobile again. With the simultaneous advancement of local and overseas markets, AIWAYS will truly realize the “three-dimensional deep cultivation” of global operations and comprehensively increase the speed of globalization and quality.
Headquartered in Germany, BASF Group is the world’s largest chemical company and was named “The World’s Most Admired Chemical Company” by the American business magazine “Fortune”. As an important foreign-invested enterprise in China’s chemical industry, BASF and its local partners are actively committed to promoting R&D and innovation in the automotive industry. In March this year, BASF’s Asia Pacific Automotive Application R&D Center was officially put into use in its Shanghai Innovation Park. Featuring a state-of-the-art electrostatic spraying room, physical testing laboratory and 3D robots, the center aims to promote carmaker-oriented joint R&D and provide optimized solutions for a new generation of smart electric vehicles.
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