Valeo will build a new research and development centre in Shanghai to design climate control systems for Chinese, Japanese and European car makers.
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This latest development is part of Valeo’s strategy to expand its presence in the fast-growing Chinese automotive market.
When fully operational, the new technical centre will accommodate up to 60 engineers and technicians who will initially focus on developing automotive climate control systems for Japanese and European customers.
Valeo is a leading climate control supplier to car makers in China.
Valeo has grown rapidly in China since it entered the market in 1994. The group’s first Chinese R&D centre, which opened in 2004 in Wuhan, develops automotive lighting systems.
“With 12 production facilities and two technical centres employing more than 2,000 people, Valeo is in a good position to serve both Chinese and global automakers, said Valeo chairman & CEO Thierry Morin.
“This new R&D centre demonstrates Valeo’s continuing commitment to the Chinese automotive industry and strengthens the group’s 12-year presence in the country.”
