The market prospect of diesel engine is very good

Diesel engines can save 30% energy compared with gasoline engines. This is a consensus already reached in the industry. In the current situation of tight fuel and increasingly stringent emissions restrictions, this advantage of diesel engines has become apparent.

On August 8, 2010, Bosch Automotive Diesel Engine System Co., Ltd., a joint venture between Bosch Group and Wuxi Weifu Group, was officially established. The registered capital of the joint venture company is 200 million U.S. dollars, with Bosch and Weifu each occupying 67% and 33% of the shares. It is reported that this is Bosch's largest investment project outside Germany. “The strengthening and expansion of Bosch's ability to produce and develop modern diesel systems in China is an important part of the Bosch Group's global strategy, and Bosch is very optimistic about the future of diesel vehicles in China,” said Binder Bull, Chairman of Bosch Automotive Technology Business Unit. It is estimated that by 2013, there will be 3 million diesel vehicles in China, mainly in the commercial vehicle sector."

Prior to this, Delphi, the world's largest spare parts supplier, introduced a diesel engine in Shanghai and announced that it will soon sign a new diesel common rail system supply contract with three Chinese engine manufacturers and establish a new production base in China. Delphi currently uses the existing facilities in India and South Korea for production. At the same time, it will establish a new base in China. After the plan is implemented, it will have the capacity to produce 1 million sets of common rail systems in Asia.

At this point, the world's two major auto parts manufacturers announced in 2004 to get involved in the domestic diesel engine market, which is undoubtedly optimistic about the huge development space and prospects of diesel engine in the Chinese market. It is understood that currently, Europe and the United States use 100% of heavy-duty vehicles and 90% of commercial vehicles with diesel engines. European and American diesel cars also account for 32% of sedan production, and France, Spain, and other countries account for more than 50%.

With the continued prominent economic and environmental performance of diesel engines, the gradual expansion of diesel vehicle sales is an inevitable trend. If China like France and Italy, half of the passenger cars use diesel power, then China will become the world's largest diesel vehicle market. The bright future of diesel engines has become a suspense without suspense.

The vehicle manufacturers boosted business at the same time. At the same time, when the international diesel engine parts factory swept through, the domestic joint-venture vehicle manufacturers also attacked one after another, intending to seize the initiative. Jianghuai Automobile senior officials said that Ruifeng diesel commercial vehicles will exceed gasoline vehicles, occupying half of the Ruifeng commercial vehicle.

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