(ĐN)- In the morning of September 5, Germany’s Bosch Group held a ground-breaking ceremony to start the construction of a hi-tech production facility for push-belts used in vehicles with continuously variable transmission (CTV).
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(ĐN)- In the morning of September 5, Germany Dong Nai Province
The group’s total investment in the project is expected to reach 55 million euros with a total of 800 employees.
CTV technology is known to enable automobile engines to run at efficient speed ranges, increase fuel efficiency and emit less carbon dioxide.
The Long Thanh Plant, the second CVT push-belt production facility of the German group worldwide, will be able to produce 100,000 belts in the first year of operation and 2.3 million units per year by 2015.
Reported by K.L
