Shanghai (Gasgoo)- On October 15, Benteler and ChenZhi Automobile Technology Group ("CZAG") signed a memorandum of understanding in Beijing to expand their long-term partnership, according to a pots on Benteler's WeChat account.
Building on over a decade of successful collaboration through their existing joint venture, the two companies announced plans to co-invest in a new joint venture, marking the beginning of what they describe as a "Cooperation 2.0" phase.
Founded in 1876, Benteler is a global leader in automotive chassis systems, structural components, hot-forming technology, and lightweight design. With its hallmark combination of German engineering precision and continuous innovation, the company has built a long-standing reputation for technical excellence and reliability across the automotive industry.
Sichuan Jian'an Industrial Co., Ltd. ("Jian'an Industrial"), established in 1965 and now part of the CZAG group, has been deeply engaged in the research, development, and production of automotive driveline and chassis systems.
The existing joint venture, Benteler Jian'an, established in 2015, has leveraged the strengths of both parent companies to provide full-cycle services — from design and testing to manufacturing and sales — of automotive chassis components and modules. The venture has maintained a strong position as a core supplier for Changan Automobile and has been actively supporting automakers in their electrification and lightweighting transitions.
Under the newly signed memorandum, Benteler and CZAG will increase their investment in the Chengdu-Chongqing region to establish a new joint venture. The new entity will focus on advanced chassis and module systems, high-performance hot-formed battery housings, and structural body components, while also pioneering an integrated "chassis + battery + body" design concept aimed at improving efficiency and safety in new energy vehicles.
To realize these goals, both sides will integrate their respective technical and R&D strengths to establish a joint R&D center. The partners also plan to upgrade the existing Benteler Jian'an facility into a next-generation intelligent manufacturing plant, building end-to-end capabilities in core components for new energy vehicles.
