French supplier Valeo SA has formed a partnership with Chery Automobile Co. to produce lighting products.
The partnership, Wuhu Valeo Automobile Lighting Systems Co., will design, manufacture and sell lights. Its primary customer will be Chery.
In recent years, Chery has formed partnerships with suppliers such as ArvinMeritor, Robert Bosch GmbH as well as Exxon Mobil and PPG Industries.
In China, Valeo has three technical centers and 18 factories that produce lighting products, climate control systems and other components.
Valeo aims to boost annual sales in China and India to 1 billion euros (8.6 billion yuan) by 2013 and 25.7 billion yuan by 2020.
Valeo ranks No. 21 on the Automotive News Europe list of the top 100 global suppliers with worldwide parts sales to automakers of 7.95 billion euros in 2010.