World Leading Commercial Vehicle Technology Leader and Tier One Supplier WABCO ( NYSE: WBC) Introduces the Industry's First Modular Braking System Platform (mBSP) and Utilizes This Breakthrough Technology to Acquire Headquarters Europe's two major commercial vehicle manufacturers' major contract orders. WABCO's newly developed innovative braking architecture allows customers to assemble anti-lock brake systems (ABS) or electronically controlled brake systems (EBS ) on trucks and buses worldwide, according to regional markets or laws and regulations around the world. ).
As the pioneer of advanced braking systems for the commercial vehicle industry, WABCO has developed the industry's first modular brake system platform (mBSP) with decades of experience and features the highest degree of standardization in the industry. And EBS system components and system software. WABCO's mBSP platform reduces the number of ABS components by 50% and the number of post-reduced components is the same as EBS. Taking advantage of the unique advantages of the mBSP platform, automakers can significantly shorten system development, installation and software testing time, accelerate their global diversification of brand and car portfolio certification processes, and bring new generation trucks and buses to market faster. In addition, WABCO's mBSP platform enables seamless integration of customer-owned software and new system features.
With WABCO's modular brake system, ABS and EBS components can use the same mounting interface and wiring on commercial vehicle platforms. Based on this principle, global truck and bus manufacturers can arbitrarily assemble ABS or EBS on each model to meet regional requirements. In addition, WABCO's modular system helps commercial vehicle manufacturers to develop different levels of truck and bus models on the same platform based on market demand.
“As a global leader in technology and innovation for commercial vehicle brake systems, WABCO has pioneered the development of a completely new modular braking system on a global scale, making trucks and buses highly flexible and expandable. Let us We are proud of our 'Plug and Play' solution, which enables car manufacturers to effectively implement their customized functions on different models.†Mr. Gu Jieke, Chairman and CEO of WABCO (Jacques Esculier) said, "We are very pleased to have won the first batch of contracts for the two largest European commercial vehicle manufacturers in the world. They will assemble WABCO's mBSP on the next generation of trucks and buses for the global market."
The first contract order is the largest single transaction in the history of the company. WABCO will provide customers with the mBSP platform with both ABS and EBS capabilities for assembly from 2017 to 2021 in Europe, North America, Brazil and India. The next generation of trucks and buses manufactured. WABCO will provide advanced braking systems to several of the customer's leading global automotive brands to support the production of more than 450,000 trucks and buses. In addition, from 2018 to 2022, WABCO will provide another customer with the mBSP platform with EBS components. WABCO will equip the customer with a total of 175,000 new trucks equipped with EBS, which will primarily meet the needs of the European market. As early as April of this year, WABCO has announced that these two orders will add new businesses to the company.
For many years, WABCO has been providing these two customers with industry-leading electronic control system products as well as innovative braking systems, transmissions and chassis application solutions to improve vehicle safety, handling and efficiency.
At the 2014 IAA Commercial Vehicle Show, WABCO will focus on demonstrating its world-leading commercial vehicle safety and efficiency technologies, including the mBSP platform for technological breakthroughs.
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