HANOVER, Germany, March 7, 2019 – WABCO Holdings Inc. (NYSE: WBC), the leading global supplier of braking control systems and other advanced technologies that improve the safety, efficiency and connectivity of commercial vehicles today held its ground-breaking ceremony for the expansion of its Erich Reinecke test track in Jeversen, Germany. WABCO is planning to invest up to $21 million (over 18 million EUR) to expand its commercial vehicle testing capability for heavy-duty trucks and buses, further consolidating its position as a global technology leader.
The test track already plays an important role today in the testing and development of new solutions and technologies driving the commercial vehicle industry’s vision of an autonomous, connected and electric future. With the expansion, a separate project center covering an area of over 1,000m² and two additional truck halls will be added. Additionally, a new 3.6 kilometer oval circuit replicating real-life highway driving conditions will be built to allow the testing of technologies such as lane departure warning systems, traffic jam assistants and highway pilots or platooning.
"We have been developing innovative systems to make vehicles safer and easier to control since 1869. Today, we pave the path towards autonomous driving – on roads, highways and at the freight depot. Providing the commercial vehicles industry continuously with accident avoiding safety and automation systems requires an increasing complexity of vehicle testing and validation. With the expansion of our test track we enable validation of fully autonomous vehicles as well as further innovative advanced driver assistance systems," explained Christian Brenneke, Chief Technology Officer at WABCO.
In August 2018, WABCO opened its new Global Technology and Innovation Center. in Hanover, Germany, as its largest research and development center. The expansion of the Erich Reinecke test track now adds a further effective unit for the development of advanced safety and efficiency systems for trucks, buses and trailers bringing WABCO’s innovations to the street for the first time.
"With this investment, we are setting new standards for a progressive and forward-looking test environment in order to continue differentiating ourselves from other suppliers with innovative offerings. At the same time, the test track expansion is a further commitment to Germany as a research and development hub," said Jürgen Heller, Managing Director of WABCO Germany.
Picture/ caption: WABCO is planning to invest up to $21 million (over 18 million EUR) in the expansion of its own test track for heavy trucks and buses, further consolidating its position as a global technology leader.
About WABCO Germany
Represented in Germany since 1884, WABCO operates three German locations: Mannheim, Gronau and Hanover. Today, Hanover is the largest location for WABCO's product development. Here, the company develops innovative processes and high-tech products for the world market. The system portfolio includes electronic braking systems, hydraulic anti-lock braking systems, transmission actuators and compressors. The WABCO Academy, WABCO's competence center for professional training solutions and the associated Sales & Training Center, which was opened in 2012, is also located in Hanover. WABCO currently employs more than 2,200 people at its Hanover location, including some 750 engineers.
WABCO (NYSE: WBC) is the leading global supplier of braking control systems and other advanced technologies that improve the safety, efficiency and connectivity of commercial vehicles. Originating from the Westinghouse Air Brake Company founded nearly 150 years ago, WABCO is powerfully “Mobilizing Vehicle Intelligence” to support the increasingly autonomous, connected and electric future of the commercial vehicle industry. WABCO continues to pioneer innovations to address key technology milestones in autonomous mobility and apply its extensive expertise to integrate the complex control and fail-safe systems required to efficiently and safely govern vehicle dynamics at every stage of a vehicle’s journey – on the highway, in the city and at the depot. Today, leading truck, bus and trailer brands worldwide rely on WABCO’s differentiating technologies. Powered by its vision for accident-free driving and greener transportation solutions, WABCO is also at the forefront of advanced fleet management systems and digital services that contribute to commercial fleet efficiency. In 2018, WABCO reported sales of over $3.8 billion and has more than 16,000 employees in 40 countries. For more information, visit www.wabco-auto.com.
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