Industrial automation company ABB and China’s leading automotive parts supplier, HASCO, have agreed to create a joint venture to drive the next generation of smart manufacturing in China’s automotive industry.
The joint venture will build on the existing successful relationship between the two companies, leading to the crucial development of highly flexible and sustainable auto parts manufacturing within HASCO’s China-based operations.
As the automotive industry’s transition towards electric vehicles gathers pace, parts manufacturers must increasingly invest in flexible facilities that can respond to rapidly changing demands and trends. [Read more…] about ABB creates joint venture with China’s largest automotive parts supplier