TI Fluid Systems Strategic Growth Investment in China
SHANGHAI, CHINA (26 October 2023) — TI Fluid Systems, a leading global supplier of thermal and fluid systems solutions, held an opening ceremony for its e-Mobility Innovation Center (eMIC) on October 26, 2023, in Jiading, Shanghai. This is the fourth eMIC established by TI Fluid Systems globally, following earlier successes in Germany, Japan and Korea.
The latest China eMIC in Jiading, Shanghai has two floors with a total area of 2,400 sqm divided into an innovation area, lab area, and office area. As a state-of-the-art technology innovation center, the eMIC will promote collaboration between the company and its partners to jointly develop thermal management solutions for electric vehicles (EVs). Through the eMIC, TI Fluid Systems will work in close partnership with OEM customers to develop products and solutions that directly address local requirements within a competitive timeframe, and enable customers to bring new EV platforms to market quickly and successfully.
Hans Dieltjens, CEO and President of TI Fluid Systems, said, “TI Fluid Systems is extremely well-positioned to drive growth in China by supporting local and global OEMs. The dynamic, rapidly changing Chinese market is leading the way in the industry’s transition to electric vehicles. Our latest eMIC is an important strategic step forward, enabling us to work in collaboration with customers. We will provide customers with a one-stop shop to tackle their thermal management challenges and accelerate their speed to market. I believe that our eMIC will enhance our position in China and underwrite our continued growth by helping our customers to succeed.”
Johannes Helmich, Chief Technology Officer of TI Fluid Systems stated, “Customer feedback on our eMICs has been very positive. By bringing together six core competencies under one roof – virtual engineering, designing, processing, prototyping, product testing, and vehicle testing – we can develop solutions that address customers’ needs quickly. We do this by collaborating with our customers, and working as an engineering partner. This speed to market will be a key differentiator in China, particularly with local OEMs.”
As one of the most important markets in the world, China is playing a pivotal role in TI Fluid Systems adopting a global development strategy. eMIC China will bring together top Chinese engineering talent from the automotive industry. To date, the development of electric vehicles is gaining strong momentum. Facing the increasingly competitive Chinese market, the eMIC will help local OEMs to cope with market changes and competitive challenges.
James Bao, Managing Director FCS of TI Fluid Systems in Asia Pacific, added, “TI Fluid Systems has operated successfully in China for almost four decades; our Chinese business has strong foundations and a keen local focus – we are close to customers, with a local supply chain and local solutions. Our latest eMIC is another important step forward, enhancing our local offering by providing customers with the faster design and development speed they seek. Through our continued commitment to investing in China and local economic development, we will continue to support the Chinese automotive market with its electric transition.”
To find out more about TI Fluid Systems, visit www.tifluidsystems.com.
About TI Fluid Systems
TI Fluid Systems is a global innovator of thermal and fluid system solutions for the full range of current and developing vehicle architectures. Serving all major automotive manufacturers, with more than 100 years of automotive supply experience; TI Fluid Systems operates across 28 countries with a commitment to improving efficiency, performance and sustainability worldwide.
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