German materials supplier Covestro AG is strengthening its cooperation with Tongji University in Shanghai to address the digitalisation transformation and electric vehicles (EVs) boom in China.
As part of this, the company’s open innovation platform Covestro -Tongji Innovation Academy is expanding its activities with particular focus on digitalisation, EV battery performance, improving automotive interior air quality and the Chinese robotics industry.
“It’s obvious that China is on its way to becoming a leader in innovation for many important industry trends,” said Markus Steilemann, CEO of Covestro, in a 29 March statement.
The move, according to Steilemann, is to “innovate in China for the Chinese market as well as for the Asia Pacific region.”
The academy is also increasing its collaborations in “market-driven innovation, sustainability and commercialisation,” according to Michael Schmidt, dean of the academy and head of innovation for the Asian-Pacific region at Covestro.
The “Covestro-Tongji Innovation Academy” was jointly founded in December 2011 by Covestro, formerly Bayer MaterialScience, the Bayer Foundation and Tongji University and is operated by the College of Material Science and Engineering, Tongji University in Shanghai.
Through the academy, Covestro and Tongji University aim to explore industry-academia cooperation models with a view towards industrialising their achievements.