Bosch Automotive Diesel Systems Co. -- the joint venture of Robert Bosch GmbH and Wuxi Weifu High-Technology Group Co. -- is planning to construct its second diesel injector facility in Qingdao in east China's Shandong province. The plant will basically manufacture diesel fuel injectors for passenger cars and light-duty and heavy-duty trucks, according to a statement from the partners.
The new factory will have 110,000 square meters and will be in Qingdao's National High-Tech Industrial Development Zone in accordance with a memorandum of understanding inked last week with the city's local government.
It will be constructed in two phases and will have a total investment of 1.6 billion yuan or $254 million. In 2004, Bosch Automotive Diesel Systems was founded in Wuxi in east China's Jiangsu province through the 67-33 joint venture of Bosch and Chinese diesel injector manufacturer Wuxi Weifu. Currently, it operates one injector plant in Wuxi.
According to Bosch, a diesel vehicle fitted with the company's clean diesel technology can lower fuel consumption by as much as 30% while producing 50% more torque compared with a gasoline-powered vehicle. Bosch takes the No.1 spot on the Automotive News Europe list of the top 100 international suppliers with global original-equipment automotive parts with sales of $32.5 billion in 2010.