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With the implementation of the fuel tax and the promotion of a national 3,000-yuan energy-saving subsidy policy, domestic automakers have begun to pay attention to turbocharged engines with high power and low fuel consumption, which has led to the development of related domestic companies.
AlexIsmail, president and chief executive officer of Honeywell Transportation Systems Group, stated: "The demand for turbocharged engines has grown strongly in the passenger and commercial vehicle markets in the United States and China. Although there is currently a market for hybrid and electric vehicles, A lot of reports, but automakers obviously pay more attention to turbocharged engine technology, hope to rely on the technology to achieve vehicle energy saving, and meet the increasingly stringent emissions and energy-saving standards."
It is reported that the use of turbocharging technology can help gasoline and diesel vehicles to save fuel by up to 20% and 40%, respectively, without degrading performance. At the same time, significant cost savings can be achieved compared to hybrid and electric vehicles. Relevant sources said: "Energy-saving vehicle subsidy policies and the upgrading of emission standards will drive the rapid increase in the proportion of turbocharged engines used in our automobile engines."
Honeywell expects that the global turbine market will double in sales in the next five years. In 2009, global sales of turbocharged engines totaled 17 million units. In 2015, this figure will reach 35 million units. By 2015, the share of turbocharged engines in the Chinese market will increase from nearly 10% to 20%; the share of turbocharged engines in the US market will increase from the current 5% to 20%, and the annual sales volume will be 1 million units from now. Increased to 4 million units.
Due to the bullishness of this market, multinational companies have recently increased their expansion in the domestic auto market.
Watching foreign companies scrimp on their own sites, domestic companies are obviously not willing to give this "fat" to people. Recently, domestic auto equipment companies have begun industrial integration and increased research and development efforts to cope with the impact of foreign giants.
At present, Wuxi Cummins Turbo Technology Co., Ltd. is the leading manufacturer in this field, with an annual sales volume of approximately 400,000-500,000 units. Weifu Hi-Tech recently announced that the company has acquired a 51% stake in Ningbo Tianli Turbocharger Co., Ltd. and has thus become the first company in the domestic turbocharged engine market. It is reported that Ningbo Tianli will increase its capital acquisition to further improve Weifu's turbocharged engine product line. In May 2009, Weifu Hi-Tech Co., Ltd. had purchased 100% equity of Intermec Machinery Co., Ltd. Intermec Machinery Co., Ltd. mainly produces turbocharged engines for medium-heavy turbodiesel engines and plans to reach a market scale of 100,000 to 150,000 units in 2012. The increase in the acquisition of a 51% stake in Ningbo Tianli Turbocharger Co., Ltd., will be expected to open up the capacity of turbocharged engines for small and medium-sized turbodiesel engines. At the same time, the company is developing gasoline engine turbocharged engines.
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