According to reports, Valeo recently held an inauguration ceremony for the extension of the new drivetrain plant in Nanjing. As one of the most important automobile manufacturing bases in China, Nanjing in the Yangtze River Delta has important strategic significance for Valeo. The completion of the new plant not only marks the accelerated implementation of Valeo’s core strategy of developing the Asian market, but also further strengthens Valeo’s global leadership in the drivetrain field. Valeo CEO Jacques Aschenbroich, Valeo China President Edouard de Pirey and leaders from all walks of life attended the event and witnessed the successful completion of the new Nanjing plant.
Reducing CO2 emissions and advancing the Group’s market share in emerging Asian countries are two pillars of Valeo’s global strategy. At the inauguration of the new factory, Valeo Chief Executive Officer Asshen Bova once again expressed his confidence in Valeo's continued development in the Chinese market. “Over the past four years, Valeo's sales in China have doubled, and we will continue to develop business at this rate every four years in the future. By 2014, China will become the most Valeo Group like France. The main market.†Mr. Ashenbow said, “Valeo has 22 factories in China, three factories expanded this year, including the Nanjing factory that was completed this time, and four new factories are under construction.â€
Valeo's Nanjing plant mainly produces clutches and torque converters , and will become Valeo's first plant in the world to put into production the latest dual clutch products. It is a global trend to increase fuel economy and reduce tailpipe emissions. Under this strong demand, automotive suppliers need to adapt and meet market demands with advanced power transmission technology. The advantage of the dry double clutch is that it can increase the transmission efficiency, reduce the energy loss in the transmission process, and thus improve the vehicle's fuel economy.
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