Dongfeng and FAW partners form Dongfeng Fawer Pump joint venture in Hubei

Dongfeng Parts and Components Group and Fawer Automotive Parts agreed on 31 May 2018 in Wuhan to set up Dongfeng Fawer Pump Industry, a joint venture in Shiyan New Industrial Park, Hubei, to make pumps for commercial, passenger and electric vehicles. The venture targets RMB 260 million revenue by 2023.

“the new joint venture, located in Shiyan New Industrial Park, Hubei Province, will work on providing high-quality pump products for commercial vehicles (CV), passenger vehicles (PV) and electric vehicles (EV)”autonews.gasgoo.com

• 1 source
• autonews.gasgoo.comFAW Group, Dongfeng Motor co-build pump JV, step up tie-up | GasgooJun 1, 2018

Summarized from public sources; check the original articles before acting on it.