WABCO Signs Long Term Deal with Shaanxi
WABCO will furnish OptiDrive systems for Fast Gearâ€™s platform of new F-shift transmission products. Series production is expected to begin during 2011. This new contract with Fast Gear marks yet another major customer on a fast growing list of leading original equipment manufacturers in China and India that have already adopted WABCOâ€™s OptiDrive technology.
WABCOâ€™s OptiDrive system improves vehicle control and driver effectiveness by automating and optimizing gear shifting. It significantly improves vehicle safety and the driverâ€™s comfort as it frees the driver from shifting gears, allowing the driver to concentrate even more on traffic conditions.
By optimizing gear shifting, WABCOâ€™s OptiDrive also reduces fuel consumption by up to five percent, a major cost saving and environmental benefit over the vehicleâ€™s lifetime. With OptiDrive, total cost of vehicle ownership is substantially reduced due to less required maintenance of and less wear on drivetrain components and systems.
WABCO is also the supplier of compressed air powered automated manual transmission (AMT) systems and OptiDrive is a modular AMT solution.
Leon Liu, president of WABCO for Asia, said: â€œWe are proud of this new agreement with Fast Gear as OptiDrive is our breakthrough in transmission automation technology. Our commitment with Fast Gear shows further adoption of OptiDrive systems in the growing market for automated manual transmissions in China.â€
Li Dakai, chairman of the board at Shaanxi Fast Auto Drive Group Company, said: â€œAs Chinaâ€™s leading manufacturer and supplier of heavy duty transmissions, Fast Gear is passionate about technology progress and sustaining our reputation for outstanding new products.
â€œWe leverage OptiDriveâ€™s innovation so we can offer our customers benefits such as better vehicle control, increased driver effectiveness, improved fuel efficiency and a greener footprint.â€
Will the deal commercially benefit the firms?
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