On May 9th, Zhuzhou Diamond Cutting Tool Co., Ltd. said that the project of the national major special project “Automobile Tool Supporting Efficient Tool Development†was initiated by the company. This marks the official start of the city's enterprises to enter the field of automotive engine tools. The automotive industry is the industry with the most specialized tool applications and a measure of the level of tooling technology in a country. The engine is the heart of the car, and its special tools are highly sophisticated and complex, and the technical level is higher than that of other parts of the car. At present, China's automobile industry is developing rapidly. The annual output of automobile engines is over 10 million units. The annual market size of automobile engine tools is more than 7 billion yuan. “However, these tools are heavily dependent on imports, and more than 80% of the market share is occupied by foreign companies. Breaking the monopoly and replacing imports has become an important deployment for the development of the cutting tool industry in China.†According to the plan, the project “Efficient Tool Development for Automotive Engines†It will be completed by the end of 2014. At that time, the project will develop more than 60 series of tool products. The localization rate of tools for the two domestic automobile engine production lines of Chery and Shenlong will reach 90%, and the product cost will be reduced by 40% to 60% compared with imports. %.
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