Forvia, the world’s seventh-largest auto supplier, opened a large factory in China last week to meet demand for electronic components from automakers producing in the country.
The 30,000 square-meter (322,800 sq. ft) plant, located in Fengcheng in east China’s Jiangxi province, is its largest electronics production site globally, the company said.
The factory, with 1,200 employees, can supply up to 2 million electronic components annually for in-vehicle display, cockpits and automated driving to global and Chinese automakers.
It plans to invest 200 million euros ($217 million) cumulatively in the plant by 2028 to expand production capacity, Forvia said.
