# 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.

- Type: Acquisition
- Announced: 2018-05-31
- Where: Shiyan New Industrial Park, Hubei, China
- Status: announced
- Products: vehicle pumps for commercial, passenger and electric vehicles
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [FAW Group](https://endata.com/companies/3197.md) (investor)
- [Dongfeng Parts and Components Group](https://endata.com/companies/3390.md) (partner)
- [Fawer Automotive Parts](https://endata.com/companies/3391.md) (partner)
- [Dongfeng Motor](https://endata.com/companies/3392.md) (investor)

## Sources

- [autonews.gasgoo.com](https://autonews.gasgoo.com/articles/market-industry/faw-group-dongfeng-motor-co-build-pump-jv-step-up-tie-up-70014709), 2018-06-01: "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)"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.