BASF to Supply Refinish Products to Chinese Ridesharing Company

BASF to Supply Paint Products to Chinese Rideshare Company

BASF and DiDi have signed a strategic cooperation agreement in Hangzhou, Zhejiang Province, China, where Xiaoju Autocare, a subsidiary of DiDi, is headquartered.

BASF and DiDi, the world’s leading mobile transportation platform, have signed a strategic cooperation agreement in Hangzhou, Zhejiang Province, China, where Xiaoju Autocare (Xiaoju Yangche), a subsidiary of DiDi, is headquartered.

According to the agreement, BASF will provide DiDi with sustainable automotive refinish products developed at its research and production site in Jiangmen. These products, designed for the Chinese market, will help reduce VOC emissions and meet the stringent standards implemented in various cities in China. As strategic partners, the two companies are committed to the sustainable development of the carsharing industry in and out of China. Paint-related products under the RODIM brand will be part of the offerings to help body shops enhance workflow and overall performance for automotive refinishing. In addition, a dedicated expert team from BASF will perform timely professional technical services for DiDi, including training for body shop operators.

DiDi currently has 25 body and paint shops in China and will be expanding to more than 200 owned and franchised shops globally by the end of this year.

“Simplification is in our DNA. We focus on simplifying processes and operations while our business is expanding,” said Gu Haijie, president of Xiaoju Autocare. “BASF is the one-stop solution provider that can help us standardize the painting process of our new shops. This will help us increase efficiency by integrating the whole value chain of contractors, dealers and repair centers.”

Since 2012, DiDi has been a leader of the online hailing business, accounting for 90% of the total carsharing market in China, which reached $42 billion in 2019. DiDi’s fleet consists of 300,000 cars and is projected to reach one million in 2022. DiDi’s subsidiary, Xiaoju Autocare, is the largest one-stop car-owner service platform, covering around 30 million registered drivers and serving 550 million users. BASF first approached DiDi and Xiaoju Autocare in late 2019 and had already secured first business opportunities by early 2020, when BASF started the conversion of DiDi’s first shops in Shanghai.

“DiDi is a typical unicorn company. One of the factors that connect us is our ability to respond to market needs quickly,” said Patrick Zhao, senior vice president, Coatings Solutions Asia Pacific, BASF. “The strategic cooperation will enable us to explore the carsharing market and bring this partnership to a new level. DiDi will offer consumers a preferred choice of carsharing. At the same time, BASF will contribute to the sustainable development of the refinish industry with our global network of presence, comprehensive automotive portfolio and a vast talent pool.”

You May Also Like

Auto Glass Now Builds National Brand

All-Star Glass, Horizon Auto Glass, A1 Auto Glass, Auto Glass Fitters and Discount Auto Glass have been rebranded and remodeled to Auto Glass Now’s brand identity.

As the auto glass industry continues to evolve, Auto Glass Now is leading the way with its unique model rooted in the legacy of local experts delivering reliable and convenient service backed by a national network delivering operational resources, innovation, national warranty and consistent, engaging branding.

Auto Glass Now has been serving drivers for more than 30 years and joined the Driven Brands family in January 2022. It has since grown to more than 200 brick-and-mortar locations and more than 700 mobile units by way of acquisitions and a growing pipeline of brownfield openings. Today, it is one of the fastest growing glass repair and replacement companies.

NABC Donates Recycled Ride to Deserving Chicago Family

The NABC, Allstate and Gold Coast Auto Body recently donated a refurbished vehicle to a deserving Chicago resident.

Hunter Engineering to Exhibit HawkEye XL Aligner at TMC

New commercial alignment system offers speed, versatility and ease of use.

Crash Network Releases Results of 2024 Insurer Report Card

A record-high 19 companies, including six of the largest U.S. auto insurers, received a grade of C- or lower.

AirPro Named Approved Provider for BMW North America Certified Network

BMW North America has selected AirPro Diagnostics as an approved provider of its Integrated Services Technical Application (ISTA) software to the BMW Collision Repair Network.

Other Posts

CIF Announces LKQ Corp. as Repeat Annual Donor

LKQ Corp. committed again to the CIF Annual Donor Program, marking their third consecutive donation at the First Responder tier.

Car ADAS Adds Integrations and Support Manager

In his new role, Nate Thomsen will help open new calibration centers and support licensees to ensure their success.

Wren’s Collision Centers Opens 14th Location in Georgia

Wren’s Collision Centers announced the grand opening of its 14th location in the historic district of Roswell, Ga.

Classic Collision Adds Three New Locations in Southeast Florida

Classic Collision has acquired Empire Auto Body in Pompano Beach, Factory Certified Collision in Oakland Park and Southeast Collision Center in Boca Raton, Fla.