American ARC and Yanfeng Automobile have reached a global strategic cooperation to promote the sharing of advanced technology resources
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With the rapid development of new energy vehicles, automotive safety issues have gradually received attention. The U.S. ARC Automotive Company, a wholly-owned subsidiary of Shanzi Hi-Tech, the world’s second largest independent gas generator supplier, announced that it will cooperate with Yanfeng, the world’s leading auto parts supplier. Yanfeng Safety, a subsidiary of Automobile, officially established a joint venture in North Macedonia. This cooperation will promote the sharing of advanced technological resources between the two parties and promote the research and development and innovation of airbag gas generators.
Alex Qin, CEO of ARC Automotive in the United States, said: “By cooperating with Yanfeng, we can expand our presence in the automotive industry and focus on bringing airbag inflators into the automotive field to serve all customers and markets around the world.”
The continuous improvement of consumer safety awareness and the rapid development of new energy vehicles on a global scale have brought broad development space to the field of airbags. As an important part of automobile safety components, airbag gas generators will be used in a wide range of applications in the future, which also places higher demands on the technology of manufacturers. The successful cooperation between American ARC and Yanfeng Automobile will promote the sharing of airbag gas generators by both parties. Technology and resource advantages. American ARC and Yanfeng Automobile will conduct in-depth research and development and cooperation in strengthening gas generator performance optimization and cost control. At the same time, American ARC will also sign a joint venture agreement with Yanfeng Hungary Company in Europe and establish a joint venture to promote win-win cooperation between both parties. .
Regarding the cooperation with Yanfeng Automobile, the relevant person in charge of ARC in the United States said that Yanfeng Automobile’s products and technologies, knowledge and understanding of the industry, and corporate development strategies and directions are all worth learning from. This time the two companies globally Strategic cooperation is of great significance. I believe that both parties can create different sparks in the field of product technology innovation in the future and achieve brilliant results on the innovation track. Lu Kai, deputy general manager of Yanfeng Motors, said that Yanfeng Motors is committed to establishing in-depth cooperative relationships with leading global partners and creating new tracks to win a bright future by leveraging their respective innovation advantages.
Currently, YFA Automotive Safety, a joint venture between the two parties, has held an opening ceremony in North Macedonia and held a grand celebration ceremony at the ARC Skopje production base in the United States. Mr. Zhang Zuo, Chinese Ambassador to North Macedonia, Mr. Eric Meyer, Charge d’Affaires of the United States in North Macedonia, and senior representatives of both companies attended the establishment ceremony of the joint venture.
On the opening day, principals and guests from both ARC and Yanfeng Motors visited the joint venture. The factory is equipped with the industry’s most advanced equipment and production lines for the production of driver airbags, passenger airbags, curtain airbags and knee airbags. and other series generators to better serve automobile brands such as Audi, BMW, Volkswagen, Stratis, etc.
The cooperation between American ARC and Yanfeng Automobile will help promote the development of automobile safety technology, improve automobile safety standards, and provide consumers with safer travel options. By combining hybrid airbag inflator technology, the joint venture will provide more advanced and safer automotive safety solutions for the European and global markets.
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