ABB China to become shareholder of Hasco Shanghai's subsidiary at 40%

Gabriella From Gasgoo

China’s auto parts conglomerate Hasco Group's subsidiary, Hasco Shanghai has struck a package deal with ABB Group’s China subsidiary, ABB China, regarding joint venture and capital increase aspects, to deepen their cooperation in the intelligent manu

Main productsIntelligent Driving Advanced Driver Assistance Systems (ADAS): LiDAR, camera, ADAS domain controller, forward millimeter-wave radar Intelligent Lighting: vehicle lighting (headlights + taillights), headlamp, taillamp, lighting domain controller, digital lighting system Intelligent Chassis: chassis electronic module, rear subframe module, suspension module, front subframe module, electric power braking system, electric vacuum pump, brake hose, electric parking brake system, vacuum booster, intermediate drive shaft, ECU four-wheel drive control unit, torque manager, rear axle final drive unit, transfer case, constant velocity joint drive shaft, differential, output shaft, intermediate shaft, electrically adjustable steering column, front/rear brake caliper Intelligent Cockpit Interior System: cockpit and instrument panel, door panel, center console, overhead console, hard trim Intelligent Safety: steering wheel, airbag, seat belt, safety system integration Cockpit Electronics: infotainment system, cockpit domain controller, in-vehicle display system, cockpit electronic connection system Seating System: complete seat, seat cover, seat foam, headrest, armrest, seat frame, mechanical components - slide rail, mechanical components - recliner, mechanical components - adjuster, mechanical components - locking mechanism, mechanical components - motor Exterior and Body Bumper Tailgate Liftgate Grille Wheel cover Front-end structure Rockers Adaptive cruise control cover Body accessories Power battery case: battery case tray assembly, battery case upper cover, integrated water-cooled housing, water-cooling plate Cell structural components Active grille shutter Front-end carrier Fender flare Aluminum body components: four doors and two hoods, aluminum wheel housing, front compartment, front/rear floor, aluminum battery case bracket, front/rear longitudinal beam, main body structural components Intelligent Powertrain Electric Drive System: generator, main drive motor, auxiliary drive motor, permanent magnet synchronous motor, asynchronous motor, motor controller Thermal Management System: refrigerant circuit/water circuit integrated module, thermal management controller, heat pump controller, condenser, evaporator, battery cooler, blower, electric auxiliary heater Air Conditioning System Electric Compressor: mechanical scroll mechanism, inverter controller Electric Pump: electric oil pump, electric water pump, electric vacuum pump Conventional Powertrain Components: cylinder head, high-pressure aluminum cylinder block, piston, transmission housing, dry/wet clutch module, torque converter, bearing cap, crankshaft, balance shaft, engine bearing, bushing, thrust washer 48V Hybrid System Fuel Tank System Energy Storage System Exhaust System: exhaust heat recovery system (EHRS), electric heater carrier technology (E-Heater), cold start thermal unit (CSTU), turbo bypass emission control technology (Turbo Bypass)
Main productsNew Energy Vehicles Module Products: DC Fast Charging Modules, Energy Storage and Charging Modules, On-board Power Modules Monitoring Products: Charging Control Modules, Charging Cloud Platform System Products: Standard DC EV Chargers, Split-type Charging Systems, Fully Liquid-cooled Supercharging Systems, AC EV Chargers, V2G EV Chargers

Beijing (Gasgoo)- China’s auto parts conglomerate Hasco Group's subsidiary, Hasco Shanghai has struck a package deal with ABB Group’s China subsidiary, ABB China, regarding joint venture and capital increase aspects, to deepen their cooperation in the intelligent manufacturing field.  

屏幕截图 2021-12-30 171848.png

Photo credit: Hasco

Per the agreements, Hasco Shanghai’s wholly-owned Huayu Intelligence Equipment & Technology Co., Ltd. will introduce ABB China as a new investor. Upon the deal completion, Huayu Intelligence Equipment & Technology will become a joint venture between Hasco and ABB China, with 60% and 40% stake each.

According to public records, Huayu Intelligence Equipment & Technology is the only intelligent equipment-making sub-subsidiary of Hasco. The company offers production line integration, hardware connection, data collection, intelligent logistics, equipment customization, and technology consultation products and services. Huayu Intelligence Equipment & Technology has already accumulated design, optimize, implement and upgrade capabilities for software/hardware integrated digitalized factory solutions.  

Additionally, the joint investment will benefit Huayu Intelligence Equipment & Technology greatly. The company will be able to learn from ABB’s global success in the industrial automation field, giving full play to its shareholders’ resources and advantages within the industry. The company can form a comprehensive application capability regarding control, drive, robotics and sensor analysis, providing one-stop modern production lines and intelligent upgrade solutions for customers.  

HASCOSupplierCompany Insights
Location: China/Shanghai/Shanghai/Jing'an District
Main productsIntelligent Driving Advanced Driver Assistance Systems (ADAS): LiDAR, camera, ADAS domain controller, forward millimeter-wave radar Intelligent Lighting: vehicle lighting (headlights + taillights), headlamp, taillamp, lighting domain controller, digital lighting system Intelligent Chassis: chassis electronic module, rear subframe module, suspension module, front subframe module, electric power braking system, electric vacuum pump, brake hose, electric parking brake system, vacuum booster, intermediate drive shaft, ECU four-wheel drive control unit, torque manager, rear axle final drive unit, transfer case, constant velocity joint drive shaft, differential, output shaft, intermediate shaft, electrically adjustable steering column, front/rear brake caliper Intelligent Cockpit Interior System: cockpit and instrument panel, door panel, center console, overhead console, hard trim Intelligent Safety: steering wheel, airbag, seat belt, safety system integration Cockpit Electronics: infotainment system, cockpit domain controller, in-vehicle display system, cockpit electronic connection system Seating System: complete seat, seat cover, seat foam, headrest, armrest, seat frame, mechanical components - slide rail, mechanical components - recliner, mechanical components - adjuster, mechanical components - locking mechanism, mechanical components - motor Exterior and Body Bumper Tailgate Liftgate Grille Wheel cover Front-end structure Rockers Adaptive cruise control cover Body accessories Power battery case: battery case tray assembly, battery case upper cover, integrated water-cooled housing, water-cooling plate Cell structural components Active grille shutter Front-end carrier Fender flare Aluminum body components: four doors and two hoods, aluminum wheel housing, front compartment, front/rear floor, aluminum battery case bracket, front/rear longitudinal beam, main body structural components Intelligent Powertrain Electric Drive System: generator, main drive motor, auxiliary drive motor, permanent magnet synchronous motor, asynchronous motor, motor controller Thermal Management System: refrigerant circuit/water circuit integrated module, thermal management controller, heat pump controller, condenser, evaporator, battery cooler, blower, electric auxiliary heater Air Conditioning System Electric Compressor: mechanical scroll mechanism, inverter controller Electric Pump: electric oil pump, electric water pump, electric vacuum pump Conventional Powertrain Components: cylinder head, high-pressure aluminum cylinder block, piston, transmission housing, dry/wet clutch module, torque converter, bearing cap, crankshaft, balance shaft, engine bearing, bushing, thrust washer 48V Hybrid System Fuel Tank System Energy Storage System Exhaust System: exhaust heat recovery system (EHRS), electric heater carrier technology (E-Heater), cold start thermal unit (CSTU), turbo bypass emission control technology (Turbo Bypass)
IncreaseSupplierCompany Insights
Location: China/Guangdong/Shenzhen/Nanshan District
Main productsNew Energy Vehicles Module Products: DC Fast Charging Modules, Energy Storage and Charging Modules, On-board Power Modules Monitoring Products: Charging Control Modules, Charging Cloud Platform System Products: Standard DC EV Chargers, Split-type Charging Systems, Fully Liquid-cooled Supercharging Systems, AC EV Chargers, V2G EV Chargers

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