Eighty percent of car owners hope that fuel efficiency can be increased by 10-30% without sacrificing engine performance.
Honeywell predicts that by 2018, the new passenger car in the Chinese passenger car market will account for 26%, and in 2013 only 13%
Shanghai, July 3, 2014 - Honeywell (NYSE: HON) Turbocharging Technology, the world's leading developer of automotive turbocharging technology, recently conducted a network survey of some Chinese car owners . According to the survey, only one-third (33%) of respondents expressed satisfaction with the fuel efficiency of current driving vehicles, and the overwhelming majority of respondents (80%) expect fuel economy to increase by 10 to 30. percentage point.
In order to achieve better fuel economy, nearly 70% (68%) of respondents said that in the case of engine performance is not affected, small displacement models will be preferred. Another 94% of respondents believe that engine performance (acceleration and thrust performance) is an important or very important consideration when buying a car, but only one-third of respondents are satisfied with the engine performance of existing vehicles.
Compared with the average car owner, owners who drive small displacement cars (engine displacement less than 1.8L) are more satisfied with fuel consumption (48% vs. average 33%). Satisfied with the highest fuel consumption, the number of owners of turbocharged models is as high as 65%, almost twice the average.
The survey was jointly initiated by Honeywell and Gass Automotive Research Institute, and was released on Netease Auto and Car Worry (total daily traffic of 340,000 people) to understand consumer performance and fuel consumption. Satisfied and what expectations and requirements for the engine are in the next car purchase. The sample size of the survey was 3372. Please click http://v.youku.com/v_show/id_XNzMzODU5MzYw.html to watch a short video about the survey results.
“As the Chinese auto market matures, fuel consumption regulations are becoming more stringent. Along with this is the demand for advanced technology and small-displacement vehicles,†said Vice President of China and India for Honeywell Transportation Systems. General Manager Dai Pengjie pointed out. “Honeywell is committed to driving the Chinese automotive market to respond to this trend and will launch 15 turbocharged applications in the Chinese market that match domestic and imported new models in the next 15 months.â€
Chen Wenkai, dean of the survey's partner, Geshi Automotive Research Institute, said: "The Chinese government has put forward clear quantitative standards and time nodes for the average fuel consumption of car companies. By 2020, the average fuel consumption of passenger cars should be 7.38 from the current. l / 100 kilometers down to 5 liters / 100 kilometers. This is undoubtedly a huge challenge for the Chinese automotive market, upgrading the traditional internal combustion engine technology will still be the most realistic technology choice, and turbocharging technology is the most effective and can be large One of the technologies for scale promotion."
The turbocharger application allows a smaller displacement engine to achieve the power output of a larger displacement naturally aspirated engine, while also providing 20% ​​for gasoline and diesel engines, respectively. And 40% fuel efficiency improvement. Turbocharging technology can also help car companies meet increasingly stringent emission standards and regulations because they help reduce engine size.
The advantages of turbocharging technology are gradually gaining recognition from Chinese consumers. According to the survey, although only 26% of the respondents are currently driving turbocharged models, 45% said they will consider buying T models in the future.
The results of the survey of car owners coincided with the views of car practitioners. In early April of this year, Honeywell and Gasgoing Automotive Research Institute also organized a questionnaire survey for the industry, attracting 1,824 industry participants. The survey results show that the industry is also very optimistic about turbo technology. According to the survey and analysis, 75% of the respondents believe that the energy-saving technology to upgrade the traditional power is still the most realistic choice for the recent car companies to reduce the average fuel consumption. Among the energy-saving technologies of conventional internal combustion engines, turbocharger is the most widely supported (43%), followed by lightweight body (19%) and in-cylinder direct injection (14%).
For more information, visit the official website at http://turbo.honeywell.com or follow Honeywell Turbo Features http://auto.gasgoo.com/topic/20140610HTT/.
Survey Methodology This questionnaire was designed by IpSos, the world's leading market research company. The survey was conducted in China by the Geshi Automotive Research Institute and Honeywell from April 11 to 16, 2014. A total of 3372 car owners of different ages participated in the survey, and most of them have more than 3 years of driving experience. The online survey was conducted on a popular website that met the random sampling method with a theoretical sampling error rate of only 1.7%.
Honeywell () is a diversified, high-tech, advanced manufacturing company that is one of the Fortune 100 companies. Its global operations include aviation products and services, building, home and industrial control technologies, and turbo Pressure and characteristic materials. Honeywell is headquartered in Morristown, New Jersey, USA, and its shares are traded on the New York, London and Chicago stock exchanges. For more information, please visit
This report contains “forward-looking statements†as defined in Section 21E of the Securities Exchange Act of 1934. Except for statements of facts, all other statements may be deemed to be forward-looking statements, about actions, events or developments that we or our management intends, expects, plans, believes or expects to or will occur in the future. The statement made. Such statements are assumptions and estimates made by our management based on their experience and knowledge of historical trends, current conditions, expected future developments, and other relevant factors. This forward-looking statement does not guarantee future performance, and actual results, developments, and business decisions may be inconsistent with the forward-looking statements. Our forward-looking statements are also subject to a number of risks and uncertainties that may affect our near-term and long-term performance. These major risks and uncertainties affecting our performance are set out in Form 10-K and other documents submitted to the US Securities and Exchange Commission.