Cosco promotes open innovation in China

China is facing a digital transformation, a booming market for electric vehicles (EVs) and a growing focus on sustainability. In response to these trends, Cosco is further strengthening its cooperation with Tongji University in Shanghai to meet market demand more quickly. Cosco-Tongji Innovation Institute is now expanding its open innovation partnership, with a particular focus on digitization, improving battery performance in electric vehicles, introducing innovative materials to improve in-car air quality, and exploring China's robotics industry .
"It is clear that China is becoming an innovation leader in many important industry trends," said Dr. Markus Steilemann, chief executive of Cosco. "We want support: as a global company, we are committed to innovating in China for the Chinese market and the Asia Pacific region. I am pleased to see that our local innovation team is taking over more and more core technology global responsibilities. This is the spirit of open innovation and open collaboration with leading Tongji University, which helps us work with our partners to push boundaries for the industry. Professor
, Vice-Chancellor of Tongji University, added: "The Institute of Innovation sets a good example for cooperation in production and learning. With the strong support of Cosco Ventures, the Academy has achieved significant results over the past eight years. I firmly believe that by strengthening the alliance, the Academy can help accelerate the industrialization of innovation by further promoting business model innovation in the industry. "
coscostro Tongji Innovation Institute was completed in 2011." The Academy is strengthening its cooperation in the field of market-driven innovation, sustainability and commercialization," stressed Dr. Michael Schmidt, Dean of the Academy and Head of Innovation for Asia Pacific. Cosco's area. "Although we have a long history of innovation, we cannot be satisfied with the status quo. The Academy provides inspiration on how we can leverage speed, new technologies and new business models to further achieve sustainable development both within and outside the country. The
Tongji Innovation Institute also provides business model incubation funds for Tongji students participating in the annual Business Plan Competition. This is to further develop applications and commercialize student projects, as well as to build your own start-up.