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Air conditioning systems will be included in the strategic future business areas of MAHLE in order to further expand the company’s activities beyond the conventional combustion engine. New Delhi: The auto components major Mahle has signed a purchase agreement with the Japanese company Keihin Corporation to take over its air conditioning business in Japan, Thailand and the USA.
With this step, MAHLE is strengthening its global presence in air conditioning and improving its market access, particularly in Japan and Southeast Asia, the company announced in a press release.
Air conditioning systems will be included in the strategic future business areas of MAHLE in order to further expand the company’s activities beyond the conventional combustion engine.
“This is an important strategic step in our transformation that will enable us to further expand our global competitiveness in our future business areas in the long term,” says Dr. Jörg Stratmann, Chairman of the MAHLE Executive Board and CEO. “This enables us to offer our customers in the region even better support in the areas of development and production.”
According to the car component manufacturer, the implementation of the agreement, which is planned for the first quarter of 2021, still requires the approval of various antitrust authorities.
Air conditioning systems are one of the most important acceptance factors in the market, especially for electric vehicles: They have a direct influence on comfort and the energy balance and thus on the range and performance of an electrically powered vehicle.
The Mahle portfolio therefore includes highly efficient air conditioning and heat pump systems for use in electric vehicles. In recent years, Mahle has increased its business outside the conventional internal combustion engine to around 60 percent today.
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