TECNALIA and AIC organize the First European Low-Cost vehicle benchmarking

TECNALIA and AIC organize the First European Low-Cost vehicle benchmarking

Practical analysis of their components the aim | 08/11/2011

Bilbao, 8.11.2011--- With the cooperation of Basque automotive cluster ACICAE and Inovev, Tecnalia Automoción and the AIC-Automotive Intelligence Center organized today the first European-wide Benchmarking for low cost vehicles at AIC Boroa.

This latest initiative is designed to facilitate practical analysis of components for low-cost vehicles components, which appear to have a secure future in emerging markets. During the event, three cars from different companies and countries, the Lifan 320 from China, the Tata Nano from India and France’s Dacia Duster.

All three vehicles will be exhibited completely disassembled and analyzed., Attendees will compare technologies, product concepts and technical features, weight and the materials used.

The event’s main object is to get a deeper insight into developments, trends and the likely evolution of low cost vehicles, a range that goes from €1,000 to €10,000. But people there will also be looking at the cars’ projection in different segments and the features that distinguish them from other ranges. Another objective is to facilitate decision-making about taking up positions in this market.

A similar event on hybrid vehicles was held in late 2009.

TECNALIA Research & Innovation is the first private applied research center in Spain and one of the leading centers of its kind in Europe, with a workforce of 1,450 highly qualified people from over 25 countries, turnover of €125 million and more than 4,000 clients.

TECNALIA Research & Innovation is part of TECNALIA Technology Corporation, with AZTI-Tecnalia and NEIKER-Tecnalia. Under the Corporation umbrella, the three technology members share strategies and an innovative operational model, based on sector business units with high transversal levels.

AIC is a foundation promoted and backed by Biscay Provincial Council, Amorebieta-Etxano and Ermua city halls, a group of leading edge firms from the automotive industry and is run by Basque automotive cluster ACICAE. AIC integrates knowledge, technology and development under one umbrella in a bid to improve competitiveness in the industry.