#Continental AG, the European powerhouse in automobile transportation manufacturing renowned globally for its Continental tires, sent its representative for the Asian region, Wilson Khoo, to visit the #i2i #IP2 International Startup Terrace in Taiwan. During the meeting with representatives from the Taiwan government, they expressed their friendly intentions for continued collaboration in the future. The discussion primarily revolved around potential areas of cooperation in technical innovation, research and development capabilities, and market alignment. It was emphasized that through collaboration with Taiwanese startups, better solutions could be developed to tackle future industry challenges and market dynamics.
Established giants actively seek new startup partnerships, relentlessly pursuing technological innovation
Continental AG has previously collaborated with Taiwanese startups such as TX ONE, TCMC, and PlayNitride, yielding considerable results. Today's meeting delved into the industry dynamics, technological innovations, and future trends in automobile transportation manufacturing, elucidating the ongoing search for other Taiwanese startups with complementary technical expertise for further engagement. Discussions focused on areas such as technical innovation, material research and development, and AI application.
Market Trends: ESG Sustainability Imperative, Environmental Conservation Non-Negotiable
With the increasing emphasis on ESG (Environmental, Social, and Governance) issues, particularly stemming from the European market, Continental AG must actively take measures, including comprehensive considerations from the supply chain to the product lifecycle. For longstanding enterprises like Continental AG, both production materials and technologies are affected. Explaining how to adapt to future market trends, Wilson highlighted Continental AG's recent endeavors in pursuing technological innovation, especially in AI, autonomous driving, ESG, and eco-friendly materials. The company actively collaborates with startups to incorporate new technologies and concepts, aiming to bring about breakthroughs in the industry while achieving goals of reducing carbon emissions and minimizing material waste.
About Continental AG
Continental AG, established in 1871, is a transportation manufacturer headquartered in Hanover, Germany. Its primary products include tires, braking systems, vehicle stability control systems, engine injection systems, tachometers, and other transportation components, with Continental tires being the most famous.
Since the development of a completely new tire tread in 1904, the company has been a flagbearer of innovation.
Previously focusing on tire expansion, Continental AG diversified after 1995, establishing an automotive systems division and acquiring automotive information, chassis, and brake product companies.
From 2001 to 2004, the group entered a period of rapid expansion, seeking technological innovation by acquiring Motorola's automotive electronics business in the United States.
In 2004, it acquired the German company Phoenix, becoming a world leader in rubber and plastic technology.
In 2007, with an investment of 11 billion euros, it acquired Siemens VDO Automotive, becoming one of the top five suppliers in the automotive industry.