People + Companies

Excerpt

Knorr-Bremse and Dongfeng Auto Parts are extending their cooperation and including steering systems and related activities in their joint venture, which was established in 2015 to focus on the production of air brakes for commercial vehicles. At the same time, the two companies are increasing their investments in research and development in the field of autonomous driving and exploiting the available synergies with the aim of responding to the growing demand for automation and connectivity in the transport sector. "The joint venture has grown considerably over recent years," says Dr. Peter Laier, Member of the Board of Knorr-Bremse with responsibility for the commercial vehicle systems division. "We have worked closely with Dongfeng to develop products and solutions that are designed to meet the specific requirements of the Chinese market. Introducing steering systems into the joint venture is an important step for us which will help us to play a key role in the Chinese market for commercial vehicle steering solutions."

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