Investment Agreement between Schaeffler and China’s Hunan Province

In a move aimed at supporting and facilitating autonomous driving in China, Schaeffler technologies and China’s Hunan province have signed an investment agreement. Under the agreement, both parties will jointly develop a mobility ecosystem for intelligent vehicles in the provincial capital of Changsha.

The role of Schaeffler Group, which is a leading global supplier to the automotive and industrial sectors, will revolve mainly around the further development of its Space Drive technology and the Schaeffler Mover.

Space Drive is a drive-by-wire technology comprising a triple-redundant electronic interface that operates vehicle steering, accelerator and braking functions by wire, rather than mechanical means. As such, it enables autonomous driving in a wide range of application scenarios. It is currently being developed with a view to volume production.

Among its many applications, Space Drive is used in the all-electric Schaeffler Mover, which is a mobility concept featuring Schaeffler Intelligent Corner Module technology. It is a flexible and locally zero-emission platform that supports a wide range of vehicle concepts. It integrates all the components needed for driving functionality – drive system, battery, braking system and steering – in a compact unit known as a rolling chassis. The drive system is based on Schaeffler’s proprietary Intelligent Corner Module technology, which supports a steering angle of up to 90 degrees.

The Schaeffler Mover platform is a particularly attractive solution for urban mobility because it supports a range of superstructures and can thus be used in a range of applications, from robotaxi to autonomous delivery vehicle.

The formal signing ceremony for the agreement was held in Beijing and was attended by German Chancellor Angela Merkel and Chinese Premier Li Keqiang.

Alongside all of this, Schaeffler is alsoplanning to set up a new R&D facility in Hunan province. It will be the second R&D center operated by Schaeffler Greater China and its focus will be on developing technologies for tomorrow’s intelligent vehicles. With the support of local government authorities, the new R&D center will partner with other providers of autonomous driving technologies to create an entire value chain for intelligent vehicles, complete with supporting industrial ecosystem.

Source: Press Release


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