The automatic gearbox of the domestic auto industry relies on foreign trade or Chinese-foreign cooperation to borrow foreign intellectual property rights. It seems that it will be changed by the people. The automatic transmission of the car independently developed by Geely was officially launched in the first half of this year and was gradually installed on the various cars currently in production. This is also the first automatic transmission with independent intellectual property rights in China.
The car's automatic transmission comes from the Geely Automobile Research Institute, and its products range from 1.3L to 1.6L. Geely Automobile Research Institute was established in 2000. In the first half of last year, in order to enable the research institute to carry Geely's greater ambitions in its own brand, Geely invested 350 million yuan to rebuild the Automobile Research Institute and invited the former South Korea Daewoo Automobile Company as the vice president. Shen Fengyu, former president of Daewoo Automobile Research Institute and former president of Korea Automotive Engineering Association, served as vice president of research and development and dean of automotive research institute to learn from Korean automatic transmission experience.
Comments: According to the information from the China Gear Professional Association, there is no independent intellectual property rights in China's auto transmissions. It relies entirely on imports: in 2001, it imported 480 million US dollars of automatic transmissions, and in 2002 it imported 600 million US dollars. In 2003, it soared to 860 million US dollars; in 2004, it imported 730 million US dollars in the first 7 months alone. Experts predict that if we follow this trend, by 2010, China will have to import a car gearbox worth tens of billions of yuan. Geely once again took the first step for Chinese automakers. In the performance of Geely, Chery and Jiangling companies in the past year, the Chinese national independent brand was really exciting in 2005.