Shanghai Baolong Automotive Corporation and BASF Forge Strategic Partnership on Automotive Materials R&D
Shanghai Baolong Automotive Corporation and BASF (China) Co., Ltd. have recently signed a strategic cooperation agreement in Shanghai, marking a significant milestone in driving innovation in automotive materials development and applications. This collaboration aims to leverage the expertise of both companies to develop high-performance materials that meet the demands for precision, reliability, and durability in automotive components.
BASF, a global leader in the chemical industry, brings deep expertise in material science and extensive market experience to the partnership. On the other hand, Baolong is a leading automotive components supplier in China, known for its commitment to technological innovation and product upgrades. With an extensive product portfolio that includes TPMS, automotive sensors, intelligent driving solutions, and more, Baolong is well-positioned to drive advancements in the automotive industry.
The strategic partnership between Baolong and BASF will focus on advanced technologies and products in areas such as intelligent air suspension, smart driving, and automotive sensors. By combining BASF’s cutting-edge material technologies with Baolong’s experience in automotive components, the two companies aim to deliver more efficient and dependable solutions while fostering technological advancement, industry upgrades, and sustainable development.
Wang Shengquan, Vice President of Baolong, highlighted the significance of the collaboration, emphasizing BASF’s expertise in industrial materials. He stated that the partnership will drive innovative applications of high-performance materials across multiple fields, ultimately benefiting the automotive industry as a whole.
Su Rongyuan, Vice President of BASF and Head of the Engineering Plastics Business for the Asia-Pacific Performance Materials Division, praised Baolong’s strong market position and technical expertise. He expressed confidence in the partnership, stating that both companies can explore additional synergies to achieve new technological breakthroughs in next-generation automotive components.
Overall, the strategic partnership between Baolong and BASF signifies a step forward in driving innovation in automotive materials development and applications. By combining their expertise and resources, the two companies are poised to make significant advancements in the automotive industry, ultimately benefiting consumers and contributing to sustainable development.
