Media Materials - Press Releases
04/22/2015

Honeywell Plans Turbo Future in China; More than 50 Vehicles Highlighted at Auto Shanghai 2015

SHANGHAIApril 22, 2015 – Honeywell (NYSE: HON) Transportation Systems announced today its turbocharger technology is used by more than 50 vehicles on display at Auto Shanghai 2015, including the recently launched Peugeot 308S, while also outlining plans for the Honeywell Turbo Academy to support continued turbo adoption.

Honeywell Transportation Systems President and CEO Terrence Hahn announced the company’s vision for the Honeywell Turbocharger Technology Academy to provide training for industry engineers and designers interested in turbocharger applications beginning in May. Based at the Honeywell Transportation Systems campus in Shanghai, the Academy will provide tailored lesson plans to groups of top automotive engineers from across the industry including commercial vehicles, light commercial vehicles and passenger vehicles. The Honeywell Academy has created a textbook to be used for on-site instruction and distribution to select industry partners.

“Our auto manufacturer customers in China have told us they value our technology and want to know how to optimize their designs to take advantage of what turbos can do for their engines,” Hahn said “The Honeywell Turbo Academy represents a partnership with our customers to advance the industry and drive greater benefits to the end consumer.”

Last week’s unveiling of the Peugeot 308S added to a long list of recent launches of turbocharged vehicles representing a diverse collection of gasoline and diesel power in segments ranging from compacts to SUVs in the Chinese market by domestic and multi-national car makers. These include new vehicles from Chery, the Tiggo 5 and the Arrizo 7, as well as the Peugeot 408. Honeywell technology is also available on larger vehicles and several new SUVs including the BAC Brilliance V3, the JAC S5 and SAIC’s MG GS SUV.

Honeywell turbochargers allow automakers to use smaller more fuel efficient engines while maintaining big engine performance. The resulting engines can be 20 to 40 percent more fuel efficient than the larger, naturally-aspirated engines they replace. By using less fuel, the smaller turbocharged engines produce fewer harmful emissions, while enhancing horsepower and acceleration for improved drivability. These attributes have made the technology an attractive choice for manufacturers aiming to deliver high performance vehicles to Chinese consumers while meeting more stringent 2020 fuel economy standards. The 2020 standards require passenger cars to reach an average fuel consumption of 5.0 liters/100 km (47 mpg).

The Peugeot 308S uses Honeywell’s latest gas turbo technology. It features a compact size for ease of packaging coupled with optimized aerodynamics to help Peugeot engineers create a small, yet powerful engine as they aim to make 308S a top seller in its class.

Honeywell Also Launches Educational Web Site
For those not working in the automotive industry but simply interested in learning more about turbocharging, Honeywell also announced the launch of a new Chinese language website, https://turbo.honeywell.com.cn. On this site, anyone can learn more about Honeywell turbochargers and how they help automakers solve a number of today’s most pressing industry issues.

Honeywell Transportation Systems will be displaying its automotive solutions and conducting demos and tours at #5B-C505 during Auto Shanghai 2015 from April 22 -29. More information and details can be found at http://honeywell.com.cn.

Media Contacts:
Claire Jin
+86 21 22196515
claire.jin@honeywell.com

Media Contacts:
Cristie Zhao
+86 21 53013323
cristiez@waggeneredstrom.com

About Honeywell
Honeywell Aerospace products and services are found on virtually every commercial, defense and space aircraft, and its turbochargers are used by nearly every automaker and truck manufacturer around the world. The Aerospace business unit develops innovative solutions for more fuel efficient automobiles and airplanes, more direct and on-time flights, safer flying and runway traffic, along with aircraft engines, cockpit and cabin electronics, wireless connectivity services, logistics and more. The business delivers safer, faster, and more efficient and comfortable transportation-related experiences worldwide. For more information, visit www.honeywell.com or follow us at @Honeywell_Aero and @Honeywell_Turbo.

Honeywell has a long history in China that goes back to 1935 when it established the first franchise in Shanghai. Today, all of Honeywell’s three Strategic Business Groups are represented in China, and all of them have relocated their Asia Pacific headquarters to China. Over the years, Honeywell has set up subsidiaries and joint ventures in more than 20 cities across the country. Honeywell employs approximately 12,000 people in China. For more news and information on Honeywell in China, please visit www.honeywell.com.cn.

Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials. For more news and information on Honeywell, please visit www.honeywellnow.com.

This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

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