Recently, Valeo , a car parts supplier, held a press conference in Shanghai to celebrate the 20th anniversary of the establishment of Valeo (China) and the completion of its new plant for Shanghai Valeo Automotive.
It is understood that with the completion of the new factory, the area of ​​Shanghai Valeo Automotive Electrical Systems Co., Ltd. has increased to nearly 80,000 square meters, with an annual production of more than 10 million pieces, making it the world's largest plant of the Valeo Group.
Valeo said that the completion of the new factory reflects Valeo's firm confidence in the future potential of the Chinese market and Valeo's commitment to sustainable development in China. Valeo Global CEO Jacques Asshenbowa attended the conference and delivered a speech.
It is reported that in 1995, Valeo and Huayu Automotive Systems Co., Ltd. jointly established Shanghai Valeo Automotive Electrical System Co., Ltd., which mainly produces and sells starters and generators that are matched with the host. This is one of the earliest factories established by Valeo China, and it is also an important base for the Valeo Powertrain Division in China. In 1994, Valeo opened its first factory in China in Wenling, Zhejiang. So far, the company has 26 production bases in mainland China and employs more than 14,000 people.
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