Financial crisis brings new opportunities for auto parts companies in China

Under the impact of the financial crisis, China's auto parts industry was affected, but some spare parts companies also took the opportunity to increase their own research and development efforts and improve their innovation capabilities. Some industry experts said that in the crisis, China's auto parts companies are facing new opportunities for development.

Recently, the cooperation orders received by the State Key Laboratory of Dynamic Simulation of Vehicles at Jilin University have increased a lot. Many of them have come to universities for technical assistance for the first time. With the help of automotive dynamic simulation labs, these companies can shorten the research and development cycle of new auto parts and reduce the cost of research and development through technologies such as automotive performance simulation, and enhance the ability to follow the synchronized production of the auto manufacturers.

According to Guan Xin, Dean of the Institute of Automotive Engineering at Jilin University, the small scale and poor technology have been the shortcomings of China's auto parts companies. Regardless of whether it is a complete vehicle or parts production, most of them use physical tests, which are costly and have a long cycle. Internationally, computer simulation technology is commonly used for R&D.

“Taking Jilin Province as an example, although there are quite a few auto parts companies, there are few supporting bases with high-value-added parts production capabilities because of the poor ability of independent research and development.” Guan Xin said.

Although the financial crisis brought certain impact on China's auto parts companies, Guan Xin believes that the international auto parts giants have also started to shrink their strategies. At the same time, some domestic parts and components companies have also realized the importance of independent research and development. If we can seize the opportunity to increase investment in the synchronized development capability of the entire vehicle, then enterprises will certainly occupy a favorable competitive position after the market recovers.

Sample Collection Flocked Swabs

Sample Collection Flocked Swabs,Flocked Sampling Nasal Swab,Flocked Swabs For Sample Collection,Medical Sample Flocked Swabs

Ningbo Dasky Life Science/ Eralab Scientific Instrument(HK)Co., Limited. , https://www.daskyswab.com