Honeywell (NYSE: HON) Transportation Systems is coming to Auto Shanghai 2015 with a consumer-friendly message – turbochargers are a proven game-changing technology that helps enable more environmentally friendly, fuel efficient vehicles that are still fun to- drive.
Honeywell, a global leader in automotive turbocharger technologies, will display its latest solutions for passenger vehicles at the National Exhibition and Convention Center inShanghai from April 22 -29. At Honeywell’s booth, customers can learn about the benefits and rapid auto market adoption of turbocharger technology that is helpingChina address its continued urban expansion and need for improving air quality throughout the country.
Honeywell turbochargers allow automakers to use smaller more fuel efficient engines while maintaining big engine performance. The resulting engines can be 20 to 40 percent more fuel efficient than the larger naturally-aspirated engines they replace. By using less fuel, the smaller turbocharged engines produce fewer harmful emissions, while enhancing horsepower and acceleration for improved drivability. These attributes have made the technology an attractive choice for manufacturers aiming to deliver high performance vehicles to Chinese consumers while meeting more stringent 2020 fuel economy standards requiring passenger cars to reach an average fuel consumption of 5.0 liters/100 km (47 mpg).
“We are honored to locally produce our turbo technology to help automakers in China meet more stringent fuel and emissions standards, and are looking forward to announcing new offerings at theShanghai show,” said Terrence Hahn, President and CEO of Honeywell Transportation Systems who will also be attending Auto Shanghai. “Honeywell turbochargers are an optimal solution for Chinese consumers. Turbocharger technology provide the best of both worlds – a great performing vehicle with fuel saving opportunities, helping to create an environmentally-friendly footprint.”
Consumers in China are buying second vehicles for commuting and larger SUVs as family vehicles.* Given these trends, consumers are also expressing an overwhelming desire for greater fuel efficiency (80 percent) and a desire to downsize to a smaller vehicle footprint if able to maintain big engine performance (68 percent), according to a Honeywell survey of more than 3000 drivers with more than three years’ driving experience, conducted inJune 2014.
Honeywell Transportation Systems will be displaying its automotive solutions and conducting demos, tours and contests at Hall 5.2 booth #5B-C505 during Auto Shanghai.
Honeywell Aerospace products and services are found on virtually every commercial, defense and space aircraft, and its turbochargers are used by nearly every automaker and truck manufacturer around the world. The Aerospace business unit develops innovative solutions for more fuel efficient automobiles and airplanes, more direct and on-time flights, safer flying and runway traffic, along with aircraft engines, cockpit and cabin electronics, wireless connectivity services, logistics and more. The business delivers safer, faster, and more efficient and comfortable transportation-related experiences worldwide.
Honeywell has a long history in China that goes back to 1935 when it established the first franchise inShanghai. Today, all of Honeywell’s four Strategic Business Groups are represented inChina, and all of them have relocated theirAsia Pacific headquarters to China. Over the years, Honeywell has set up subsidiaries and joint ventures in more than 20 cities across the country. Honeywell employs approximately 12,000 people in China.
Honeywell (honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials.
* “Overall, we expect SUV sales to triple in the next 10 years … The premium small car segment … will reach 8 percent of the total A model segment in 2020.” McKinsey, 2013
Survey MethodologyThis survey was designed by global leading market research firm IpSos, and was conducted online withinChina by Gasgoo Institute and Honeywell from April 11 to April 16, 2014 among 3,372 respondents who are car owners from different age groups. The majority of respondents have 3 yr+ driving experience. This online survey is conducted on popular websites inChina, therefore the sampling method is a random sample and the estimate of theoretical sampling error is at a very low level of 1.7%.
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