Recently, the auto parts supplier Valeo's largest factory in the world settled in Shanghai, which is its 26th factory in China. Over the past 20 years, China has become the second largest market for Valeo in the world thanks to increased market demand. According to Valeo's high-level estimates, from 2015 to 2016, China will surpass France to leap into the world's largest market for Valeo.
Increase investment in innovative technology research and development "In the future, Valeo's turnover in China is expected to grow at a rate that doubles every four years," said Piano's China president, Pino, in an interview.
Valle's global president Jacques Ashenbowa has previously said that he hopes that in 2017, Valeo's sales in China will increase from the current 12 billion yuan to 24 billion yuan. This means that the average growth rate of Valeo in China in the next four years will be no less than 25%.
In his view, the rapid growth of the performance of Valeo's performance is not only the scale effect brought by the increase in vehicle sales, but also the favorable market environment brought by the stricter fuel and energy regulations. In this context, Valeo will further focus on the development of innovative technologies led by energy-saving technologies, and further accelerate the pace of localization, trying to transform from “Made in China†to “Chinese Design†in order to cross-border with Bosch and Delphi. The competition of the parts giants has more initiative.
“Unlike what everyone expected, I personally believe that China is leading the world in reducing the demand for carbon dioxide emissions,†said Bino. Therefore, in the context of the government's efforts to promote energy conservation and emission reduction in the industry, Valeo will bet on the future market growth point in the promotion and application of related technologies.
It is understood that 80% of Valeo's four business segments in China (powertrain, thermal system, comfort and driver assistance, and vision systems) are related to reducing CO2 emissions from vehicles. According to Valeo's plan, by 2015, more than 75% of its growth will come from innovative technologies for energy conservation and emission reduction.
In addition to Valeo, global component giants including Bosch will bet on China's performance growth in energy-saving technology. Faced with fierce competition, Valeo plans to spend 10% of its supporting revenue each year for the development of innovative technologies.
Transforming China's design While adding to the R&D investment, localization has become another bargaining chip for Valeo.
In the definition of “localization†of Valeo, the development of local car business was mentioned as an important position. It is understood that since entering the Chinese market in 1994, Valeo has been vigorously tapping opportunities for local brands. Up to now, Valeo's supporting business in China includes multinationals such as Audi, Ford, Volkswagen, Hyundai and Peugeot Citroen. Local brands such as Chery, BYD, Geely, Great Wall and Jianghuai are also on its list.
According to statistics, in the enterprises that Valeo cooperates, the performance contribution of self-owned brands accounts for about 20%. According to its plan, by 2015, Valeo hopes that the share of local manufacturers will reach 30%.
In order to further tap the supporting needs of local manufacturers, Valeo is planning a transformation from “Made in China†to “Chinese Designâ€.
"Unlike multinational manufacturers, in addition to the urgent requirements for emerging technologies, Chinese companies have very high requirements for cost." Yi Pinghua, general manager of Shanghai Valeo Auto Electrical Appliances Factory, said that to achieve the unification of cost and performance, the most The good way is to cooperate with the OEM to design and develop according to the needs of the customers.
In order to ensure the smooth progress of "Chinese design", starting this year, Valeo will accelerate the cultivation of local talents. “In the future, we will add 2,500 new employees each year in China,†said Jacques Ashenbowa.
Auto Parts Used For Joylong Hiace
Engine Hood,Joylong Hiace Car Door,Joylong Hiace Tailgate Rear Door,Joylong Hiace Engine Hood
Baoying Shuguang Auto parts Factory , http://www.shuguangautoparts.com