Geely Holding and Bethel Automotive Safety Systems to Create Automotive Chassis Systems Joint Venture

Shanghai (Gasgoo)- On October 10, Chinese automotive supplier Bethel Automotive Safety Systems Co., Ltd. (“WBTL”) has signed an agreement with the Taizhou Bay New Area Steering Committee to start an automotive chassis wire-operated braking system (WCBS) project in Taizhou City, China’s province. Zhejiang.

Under the agreement, WBTL and Zhejiang Geely Holding Group (“Geely Holding”) will establish a joint venture dedicated to the intelligent automotive chassis system business, with the aim of increasing the share of its WCBS products in the Chinese market for passenger vehicles.

Photo credit: WBTL

According to WBTL’s press release, it launched the WCBS as early as 2019 and put the product into volume production in June 2021. The company said its WCBS is to be installed in more than 20 production models this year.

Adopting WBTL’s exclusive One-Box solution, the WCBS integrates components such as vacuum booster, electronic vacuum pump, master cylinder, ESC (electronic stability control) and EPB (electronic parking brake) systems. , with better ability to meet new NEV (new energy vehicle) and intelligent vehicle requirements for braking systems.

Founded in June 2004 and listed on the Shanghai Stock Exchange, WBTL specializes in the R&D, manufacture and sale of automotive safety systems and advanced driver assistance systems. It has independent development capability and a series of products for mechanical brake systems, such as disc brake module, fixed caliper, integrated parking brake, base brake, booster and light products (aluminum knuckle, aluminum control arm, aluminum caliper), according to the introduction on the company’s website.