Bosch Group officially completed the acquisition o

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Bosch Group officially completed the acquisition of ZF steering system

Bosch Group officially completed the acquisition of ZF steering system

China Construction machinery information

the continuous development of electric steering technology is an important foundation for the realization of driver assistance system, automatic driving and electric vehicle technology, Joining the Bosch Group as an independent business unit will be renamed Robert Bosch Automotive Steering GmbH

Stuttgart/schwabengmund - on January 30, 2015, Bosch Group officially completed the acquisition of 50% equity held by ZF Friedrichshafen Ag in the joint venture ZF lenksysteme GmbH. The transaction has been approved by the antitrust department. This means that all the equity of the joint venture, which was originally jointly established by both parties with 50% investment, has been fully owned by Bosch. The company will join Bosch Group as a new independent business unit,. Through the brainstorming and voting results of internal employees, the new company will be renamed Robert Bosch Automotive Steering GmbH

ZF Steering System Co., Ltd. has more than 13000 employees in 8 countries around the world, and is committed to developing, producing and selling all kinds of steering system and products used in passenger cars and commercial vehicles. In 2013, the company's sales volume was about 4.1 billion euros, covering 20 cities and regions around the world, including Europe, the United States, China, India, Brazil and Malaysia. This makes ZF steering gear system always active in the world's major automotive markets

as a leading manufacturer of energy-saving electric steering system in the world, ZF's electric steering business brings about 60% of the company's sales revenue every year. Among them, fuel economy is one of the reasons for the success of ZF. For example, when installing the ZF steering system on a medium-sized vehicle equipped with a 2-liter displacement engine, the fuel consumption can be saved by up to 0.8 liters per 100 kilometers. On the other hand, the electric steering system equipped on various vehicles is an important foundation for realizing various driver assistance functions and full-automatic driving in the future. The realization of automatic emergency avoidance, Lane assistance and taxi function of start stop system cannot be separated from the electric steering system. In the field of electric vehicles, ZF steering gear system also provides a suitable and effective integrated electric steering system for the rapidly developing electric travel technology. At the same time, in the field of commercial vehicles, electric steering technology has also attracted more and more attention: in 2014, the new commercial vehicle steering system preparation samples and measuring tools servotwin appeared at the commercial vehicle exhibition in Hannover, Germany. The advent of this hydraulic electric steering system has taken a solid step for the future driver assistance system to enter the field of commercial vehicles, which leads to relatively large errors in the final detected data

ZF steering system has about 1400 engineering and technical personnel in the world, and one of the ten employees is engaged in engineering research and development, which not only introduces high-quality and top-notch talents, but also lacks overseas talents. In 2013, the company invested 238million euros in research and development. Since the establishment of the company 15 years ago, ZF steering system has applied for about 750 patents. One of the company's R & D priorities is to realize the interconnection of parts and systems, that is, connect them to a complete system through special control software. For example, the company's latest intelligent Internet system can connect and move a trailer parked on the roadside through intelligent control of the car. In addition, the company not only provides solutions for the high-end market, but also develops a compact and low-cost electric steering system for the local Asian market, so that more economical vehicles can check the load system of the electronic tensile testing machine, which is beneficial to all kinds of economical products

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