Honeywell Opens 2nd Turbo Plant in China; Celebrates 20 Years in Region
September 15, 2014
Honeywell Transportation Systems CEO and President Terrence Hahn (center right) leads the celebration introducing the new turbo plant in Wuhan, China.[/caption]
Honeywell Turbo Technologies celebrated the grand opening of its new turbocharger plant in Wuhan. The new manufacturing facility will triple Honeywell's turbo production capacity in China, where turbo adoption in new vehicles is expected to increase significantly from today's turbo penetration rate of 23 percent.
“We are really excited about the growth of the turbo market in China, which already accounts for one-fourth of our global launches this year,” said Terrence Hahn, president and CEO of Honeywell Transportation Systems. “With China's focus on improving fuel economy and reducing emissions, turbocharging has evolved from a niche technology to a mainstream solution for Chinese consumers. The new facility in Wuhan builds on 20 years of Honeywell's turbo presence in China, providing the most advanced turbo technologies to local and global customers, faster and better than ever.”
As China's fuel economy target improves from 6.9L/100 km in 2015 to 5L/100 km in 2020, the world's largest auto market is shifting to a “Turbo Era.” Compared to a naturally-aspirated gasoline engine of the same power output, a turbocharged engine provides up to 20 percent better fuel efficiency for gasoline vehicles and up to 40 percent for diesel, while helping reduce emissions.
For more information, read the press release.