In the transformation of self-owned brands to high-end, strategic cooperation with multinational component giants to improve quality has become an important step. In recent days, Great Wall Motors announced that it has signed strategic cooperation agreements with five top-tier component giants in just four months and plans to start close cooperation. This close cooperation will increase the cooperation between the two parties from simple parts and components to the development of parts and components. Great Wall Motor can use the relevant intellectual property for domestic and export models. From this perspective, it is beneficial to upgrade the technology, quality, and even the brand image of self-owned brand vehicle companies. An industry insider stated that the independent brands that have been in dire straits for a long time do not have stable sources of funds and technical support. Most of their use is outdated car technologies. Really want to rise in the pressure of foreign brands, must be a breakthrough in technology. Objectively speaking, this requires the support of multinational auto giants with core technologies. At present, China's purely domestic parts and components companies rarely have real synchronous development capabilities. Most of them are manufactured according to samples and drawings, and are increasingly unable to keep up with the requirements of self-owned branded vehicle companies. This has led to a trend that we do not want to see. Regardless of whether the cross-border auto parts giant is passive or active, its ability to leverage on the simultaneous development of local R&D centers in China has gradually penetrated into its own brand supporting system. The parts and components industry is the foundation of the automotive industry and an important manifestation of the strength of a country’s automotive industry. China, which has become the world's largest auto market, has increasingly used parts and components manufactured by giants of multinational components even if it is an independent branded vehicle company. This reality makes the worries about the hollowing out of China's auto industry aggravate again. However, from the perspective of the development of the automotive industry, this is an accepted reality. Geserz.com CEO Wenkai Chen told this reporter that from the experience of other auto powerhouses, the technology transfer and continuous orders of vehicle companies have created cross-border component companies, which means that there is no strong vehicle company. There is no strong supporting component company. Japan’s Dentsu, Delphi of the United States, Valeo of France, and Bosch of Germany have all grown up like these multinational giants. The joint venture model created by China's auto industry policy and the self-owned brand vehicle companies that survived the joint venture have led to the current status of China's domestic parts and components industry. The joint venture company that was born in the joint venture has its own foreign-funded parts and components supporting system, making it difficult for local parts and components companies to enter the ranks of core suppliers. While China's self-owned brand vehicle companies are still in the phase of self-protection, they do not have the ability to cultivate parts and components companies, and there is no way to transfer technology. In other words, there may be a long way to go before we can use the technology transfer of the entire vehicle company to achieve China's powerful component matching system. However, this does not mean that China has no chance to develop the parts and components industry. Canadian Magna, the international multinational component giant, grew not because of its powerful vehicle company, but because of its proximity to the United States. The cooperation with the United States has gradually created Magna. If the global R&D centers of foreign brands such as Toyota, Volkswagen, General Motors, and Honda are all concentrated in China, the improvement of Chinese R&D capabilities and the rational flow of talent among companies will bring inestimable growth to local component companies. promote. Suzhou Arenland Automotive Technology co.,ltd , https://www.arlautoparts.com