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xinhua news agency, hannover, germany, september 23, exclusive interview: the chinese market is increasingly focusing on knowledge innovation - interview with stefan hartung, chairman of the board of management of bosch group

xinhua news agency reporters li hanlin, jia jinming and tai sicong

"we are delighted to witness that china is gradually transforming into a knowledge-based innovation market." stefan hartung, chairman of the board of directors of the german bosch group, said in an exclusive interview with xinhua news agency reporters at the hannover international transport fair in germany recently that china has acted quickly in implementing investments and expanding production capacity, and bosch will continue to maintain long-term investment and development in china based on the growth trend of market demand.

hartung frequently visits china and has a deep understanding and insight into the chinese market. "the chinese market is vital to bosch. we have achieved great results in the chinese market and are continuously increasing our investment. the group is preparing a key new energy vehicle parts factory, which is expected to be put into use in the near future. this is a reflection of the investment results of the past few months."

hartung said that electric vehicles will become the mainstream of the global passenger car market in the next decade. different powertrain technologies can choose the most suitable solution according to specific application scenarios. bosch is committed to promoting the diversification of powertrain technologies, including battery systems, fuel cell systems and hydrogen fuel systems.

"the overall performance of the global automobile market has been stable this year." hartong pointed out that the automotive industry needs to adjust its strategy to cope with the increase in market share of various types of electric vehicles.

hartung pointed out that the global collaboration model is crucial in today's technological innovation, because technological innovation no longer depends on a single country or region, but is achieved through multi-party collaboration. the technological achievements displayed by bosch at the hannover international transport expo in germany are the result of eu-china cooperation. the research and development is not only carried out in europe, but also completed on china's innovation platform. it is expected that international cooperation can bring more disruptive technological breakthroughs in the fields of hydrogen energy technology and electric trucks.