· 2020 Delphi sales will double in China

“China is the world's largest auto market and the biggest growth point for Delphi's future business. At the same time, Delphi's sales target in China is to double sales from 2016 to 2020, from the current nearly 2.9 billion US dollars. Up to $5.5 billion. Recently, at a media exchange meeting, Delphi China President Yang Xiaoming revealed that Delphi’s global turnover reached US$15.2 billion in 2015, an annual increase rate of 6%, far higher than the global automotive industry’s average growth. The rate is even more beautiful in the Chinese market, with a growth rate of 12%. Yang Xiaoming said that China's auto market will remain the most promising market, and Delphi will continue to optimize its business in its three core areas.
â–  30% of cars in the future will be produced in China
As a multinational component company, Delphi is confident in the growth potential of the Chinese economy and the Chinese automotive market. Yang Xiaoming believes that China's gross national product output will continue to maintain a steady growth of 5% to 7%, and the total amount of China's automobile consumption will continue to grow. “We judge that 30% of the cars will be produced in China from 2015 to 2020.” Yang Xiaoming believes that the Chinese auto market will not only bring about an increase in vehicle production, but also bring about qualitative improvements, as well as the quality of bicycle parts procurement. As people's technical requirements for security, green, and connectivity grow, they will continue to grow.
“At present, the number of new car registrations in first-tier cities in China only accounts for 10% of the total new car registrations, and 55% of new car registrations come from second- and third-tier cities. If the proportion of fourth-tier cities is more than 70%, the proportion of future markets will be Will continue to grow." Yang Xiaoming said.
Yang Xiaoming believes that with the technological advancement in the industry and the change in the proportion of product structure, the value of the parts required for each vehicle itself is also growing. First, the growth of medium and high-end automobiles will increase the value of bicycles used in parts and components. Second, the continuous growth of sales of SUVs will bring more business opportunities to high value-added parts and components enterprises. Third, new energy vehicles The development will also drive the value of bicycle parts.
Delphi also has high hopes for the development of its own Chinese market. “At present, local automakers account for about 25% of Delphi’s business. We expect this ratio to rise to 30% in the future. 2016 is a year when local automakers began to take off in technology, before local automakers gave us the feeling. They are very cost-conscious, and the main advantage in the market competition is also in cost, but now local automakers are increasingly competing in terms of technical content, and have achieved good results." Yang Xiaoming said Delphi It is a partner of local automakers, not just a simple supplier.
"For Delphi, the future must bring global product lines and leading technologies to China and provide them to the local market." Yang Xiaoming said that Delphi currently has more than 30 product lines in 28 product lines in China. R&D and production capacity. “Our goal is to achieve 100% production and R&D capabilities in China within three years,” he said.
â–  Around security, green, and connected areas
Continuously optimize business
In the face of such a market, how will Delphi position its own development strategy? In recent years, Delphi has been leading the market growth in the Chinese market. “In 2015, China’s auto production growth was around 3.3%, and Delphi’s growth was 12%, exceeding the market’s average growth rate by 9 percentage points. From 2016 to 2020, basically, according to our forecast, it is expected to grow at three times the market speed. Yang Xiaoming said that with the growth of demand for high-tech parts and components in domestic automakers, Delphi expects that by 2020, the business volume of self-owned brand customers will account for one-third of its turnover.
“Delphi will continue to increase its localization. Currently 95% of the products sold in the Chinese market are locally produced, and 80% of the raw materials are locally sourced. We will continue to invest in the Chinese market to further enhance local production. Research and development strength." Yang Xiaoming told reporters that Delphi Shanghai's electronic / electrical system factory is investing heavily in upgrading the factory's automated production, the entire factory's automated production level from the current 20% to 80%. This project is expected to be completed in 2017.
At the product business level, Delphi has been committed to the layout of the three market trends of green, security and connectivity. With the changing demand for new technology applications, Delphi made a series of product line adjustments and optimizations last year. During this period, the company acquired some professional companies in the field of automotive interconnection, such as Hellmann Taitong, and also sold traditional services such as the global heat exchange system business. As a company with an innovative experience, “In the future, Delphi has always adjusted the product structure around the three directions of safety, green and interconnection, and the technologies and products needed in the future.” Yang Xiaoming said.
This year, Delphi officially launched a 48-volt micro-hybrid car solution, which is a product for energy saving and emission reduction. Compared with high-pressure hybrid vehicles, the 48-volt micro-hybrid car uses a 30% increase in cost to achieve 70% energy saving and emission reduction, and carbon dioxide emissions can be reduced by 10%. Yang Xiaoming believes that as a very mature technology, there are great opportunities in the Chinese market.

Stainless Steel Expanded Metal Mesh

Steel plate mesh is refers to: sheet metal through a special mechanical (steel mesh punching and shearing machine) after processing, the mesh condition for forming a material object.