Faurecia-BYD joint venture sets up new subsidiary in Xi'an

Shenzhen Faurecia Auto Parts Co., Ltd., a joint venture between BYD and Faurecia, established a new wholly-owned subsidiary in Xi'an, China, on March 14, 2022, with a registered capital of 50 million yuan ($7.863 million) to manufacture auto parts.

“Shenzhen Faurecia Auto Parts Co., Ltd., a joint venture between Chinese automaker BYD and the global auto parts supplier Faurecia, recently set up a new subsidiary in Xi'an, the capital of Shaanxi province.”autonews.gasgoo.com

• 1 source
• autonews.gasgoo.comFaurecia, BYD’s joint venture builds new subsidiary in Xi’an | GasgooMonikaMar 16, 2022

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