2024 July 19, 17:00

AEST

On July 12th, the 2024 China Automotive Forum with the theme of "Leading New Changes and Winning a New Future" was successfully held in Shanghai. As a leading enterprise in the global bearing industry, SKF won the "Green Development" award in the "2024 China Automotive Industry Sustainable Development Practice Case Selection" with its case of "Green Drive, Innovative Bearings to Help New Energy Vehicles on the Low Carbon Journey". This honor not only demonstrates SKF's outstanding performance in promoting low-carbon and green development in the new energy vehicle industry, but also contributes exemplary innovative practice solutions to fulfill social responsibilities in the Chinese automotive industry.

For over a century of deep cultivation in the automotive industry, SKF has achieved significant success in the field of new energy vehicles with its profound industry accumulation and technological innovation capabilities. The award-winning "Green Drive, Innovative Bearings Help New Energy Vehicles on their Low Carbon Journey" The case comprehensively demonstrates how SKF injects strong power into the technological innovation of new energy vehicle electric drive systems through technological innovation and material optimization. Faced with the opportunities and challenges of the new energy vehicle market, SKF has launched a hybrid ceramic ball bearing and conductive ring combination solution, effectively solving the industry problem of electric corrosion. This innovation not only improves the bearing's resistance to electric corrosion, but also significantly extends the bearing's service life, providing a solid guarantee for the stable operation of new energy vehicle electric drive systems. In addition, SKF has successfully developed innovative products such as high-speed ball bearings and low friction third-generation wheel hub bearings, which have won recognition from many car companies for their excellent performance and efficient solutions.

Chu Hao, President of SKF China and Northeast Asia Automotive Division, said, "Winning the Excellent Case Award from the China Association of Automobile Manufacturers is a high recognition of SKF's sustainable development practice in the field of new energy vehicles. Sustainable development is integrated into SKF's DNA, and SKF will continue to adhere to the development direction of" intelligence "and" cleanliness ", continuously innovate products and technological solutions to meet market demand and industry trends, create value for customers, and help the Chinese automotive industry move towards a greener, more sustainable, and high-quality development path

Zhao Qingtao, Vice President of SKF China, emphasized SKF's efforts in ESG construction: "SKF's ESG construction in China not only focuses on its own capabilities and development, but is also committed to collaborating with stakeholders such as the upstream and downstream of the supply chain, government, and industry organizations, striving to build an ESG ecosystem for common development and making ESG a new platform for win-win cooperation among all parties

With the awakening of global environmental awareness and the acceleration of the sustainable agenda, the Chinese automotive industry is undergoing unprecedented green transformation. In 2023, the China Association of Automobile Manufacturers (CAAM) led the compilation and release of three group standards: the "ESG Information Disclosure Guidelines for the Chinese Automotive Industry," the "SG Evaluation Guidelines for the Chinese Automotive Industry," and the "ESG Management System Requirements and Usage Guidelines for the Chinese Automotive Industry." The aim is to guide automotive companies to strengthen their social responsibility practices and establish a green and low-carbon development image. As an important part of the automotive industry chain, SKF has always regarded green and low-carbon as the core driving force for development, continuously optimizing product design and production processes to reduce resource consumption and environmental pollution. With "green development With this honor, SKF will continue to firmly promote the sustainable development path of the automotive industry, continuously lead the industry forward, and contribute to the realization of a green and sustainable future.

SKF China

(Release)

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