On March 21, the Wuhan Economic & Technological Development Zone (WEDZ) welcomed the landing of Aptiv's new factory project.
Aptiv is a globally renowned automotive parts supplier that delivers a full range of advanced connection solutions to make vehicles safer, greener, and more connected. Its Wuhan branch has an annual output value of 1.9 billion yuan ($267.9 million), and serves companies such as Dongfeng and GAC.
The signing ceremony for the new connector system factory project, invested in by Aptiv, takes place in the Wuhan Economic & Technological Development Zone. [Photo provided to en.whkfq.gov.cn]
The new factory project has an investment of 2 billion yuan to build a factory for new energy vehicle (NEV) charging products (high-voltage charging sockets) and high-voltage connectors. The project is expected to be located in Junshan New City.
Bill Presley, Aptiv's global vice president and chief operating officer, stated that the speed at which new technologies are adopted in the Chinese market is unparalleled anywhere else in the world. This provided them with a great opportunity to accelerate safer, greener, and more interconnected solutions in China. Please click the video above to find more details about it.
Currently, WEDZ is home to eight complete vehicle enterprises, 11 automobile production factories, and over 500 automotive parts enterprises.
