# BYD and Faurecia establish Changzhou Faurecia Auto Parts joint venture

Changzhou Faurecia Auto Parts Co., Ltd. was established with a registered capital of 10 million yuan, wholly owned by Shenzhen Faurecia Auto Parts Co., Ltd., which is jointly held by Faurecia (China) Investment Co., Ltd. and BYD Auto Industry Co., Ltd.

- Type: Acquisition
- Announced: 2022-02-23
- Where: Changzhou, China
- Value: $1.58M (10.0M CNY)
- Status: completed
- Products: auto parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Faurecia](https://endata.com/companies/1483.md) (partner)
- [BYD Auto Industry Co., Ltd.](https://endata.com/companies/50647.md) (partner)

## Sources

- [equalocean.com](https://equalocean.com/briefing/20220223230122392), 2022-02-23: "Changzhou Faurecia Auto Parts Co., Ltd. was established with a registered capital of 10 million yuan."

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