ABB and HASCO form joint venture for smart auto parts manufacturing in China

ABB Robotics and HASCO, a leading Chinese automotive parts supplier, have signed a joint venture agreement (December 30, 2021) to drive smart manufacturing in China's auto industry. ABB will hold a 40% stake. The JV is expected to commence operation in Q2 2022.

“This joint venture will enable us to further develop HASCO’s leading position with automated solutions that benefit customers in China.”new.abb.com

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• new.abb.comABB and HASCO create joint venture to drive smart manufacturing in China’s auto industry | News centerJan 4, 2022

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