In 2011, global sales of $16 billion. Delphi attaches great importance to the Chinese market, and from 1993 began to enter China and based on long-term development in China, has invested heavily in product R & D centers and production lines in China, Delphi's sales in China reached 2.18 billion U.S. dollars in 2011. Delphi will increase the emphasis in the Chinese market, the deepening of cooperation with domestic enterprises. 2013 State c emission regulations will be implemented, the local governments of all levels of government will also gradually increase the implementation and supervision of environmental regulations, domestic and foreign engine and fuel system manufacturers are increasing their investment, the accumulation of forces, actively preparing for the engine can be predicted electric jet market will usher in the real peak, but also will bring more intense competition in the market.
In a groundbreaking move, Chengdu Witt and Delphi have forged a strategic partnership aimed at revolutionizing the Electronic Fuel Injection (EFI) market. This collaboration leverages their complementary strengths in technology, brand, and market relations to enhance competitiveness and expand market share. With a focus on mutual benefits, the partnership aims to develop advanced EFI products, combining local expertise with global technology to meet stringent environmental regulations and market demands.
In 2011, Delphi, a global leader in automotive technology, reported sales of $16 billion. Recognizing the potential of the Chinese market, Delphi has been investing heavily in China since 1993. By 2011, Delphi's sales in China had reached $2.18 billion, underscoring the importance of this market in their global strategy (source). The implementation of the 2013 State C emission regulations in China has further intensified the focus on environmental compliance, prompting both domestic and international engine and fuel system manufacturers to ramp up their investments.
In this competitive landscape, Chengdu Witt and Delphi identified a unique opportunity to enhance their market positions through a strategic partnership. After extensive evaluations and discussions, both companies recognized their complementary strengths in technology, brand, costs, and market relations. This synergy forms the foundation of their comprehensive strategic partnership.
The partnership between Chengdu Witt and Delphi goes beyond traditional product trading relationships. It encompasses a wide range of collaborative efforts, including:
The framework agreement outlines the principles of mutually beneficial cooperation, specifying the scope and manner of collaboration. This agreement serves as a guiding document for the long-term partnership, with further details to be defined in subsequent agreements.
One of the key projects under this partnership is the development of high-pressure common rail systems. Chengdu Witt plans to launch a new range of common-rail products that combine their local market expertise with advanced foreign technology. This initiative aims to deliver products that offer both technical superiority and cost-effectiveness.
The collaboration has already shown significant progress. Within a year, the partnership has moved from program design and product trials to successful engine ignition and mass production line construction. The new products are expected to enter the market early next year, marking a significant milestone in the partnership's journey.
The strategic partnership between Chengdu Witt and Delphi represents a significant step forward in the evolution of the EFI market. By leveraging their complementary strengths and focusing on mutual benefits, both companies are well-positioned to meet the challenges and opportunities of the rapidly evolving automotive industry. This collaboration not only enhances their competitiveness but also contributes to the development of more efficient and environmentally friendly automotive technologies.
For more information on the latest developments in the automotive industry, visit Delphi's official website and Statista.
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