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Shaanxi Auto Group Shaanxi Wanfang Auto Parts Co., Ltd. recently signed a joint venture contract with the German auto parts supplier Eberspächer Group. The two parties will jointly establish a joint venture to produce a commercial vehicle after-treatment system with the goal of providing advanced exhaust after-treatment technology products for the Chinese market.
Eberspächer Group is a leader in the market and technology for commercial vehicle exhaust equipment in Europe and the United States. Shaanxi Automobile Group is one of the largest commercial vehicle manufacturers in China.
With the gradual implementation of China's current national IV emissions standards and future high emission regulations, both parties will make full use of Eberspächer's expertise in international emissions to serve the Chinese market. The joint venture company is located in Shaanxi Shaanxi Auto's new production base in Xi'an and will begin operation in 2014. In 2015, it will initially produce 100,000 sets of diesel engines and natural gas engine aftertreatment products each year. In addition to production, the scope of business planned by the joint venture company will also include sales, after-sales service, and post-processing system integration.
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