# ZF to build steering wheel production base in Rizhao, China

ZF Group signed an agreement to set up an automotive steering wheel production base in Rizhao, China, with an investment of 20 million euros. Mass production is expected to begin within three months after signing.

- Type: New facility
- Announced: 2023-05-25
- Where: Rizhao, Shandong Province, China
- Value: $21.6M (20.0M EUR)
- Starts operating: Aug 2023
- Status: announced
- Products: automotive steering wheels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [ZF](https://endata.com/companies/5885.md)

## Sources

- [autonews.gasgoo.com](https://autonews.gasgoo.com/articles/news/zf-invests-in-new-steering-wheel-production-base-in-chinas-rizhao-city-70022908), 2023-05-26: "Under the agreement, ZF will set up an automotive steering wheel project with a 20 million euros worth of investment, and mass production is expected to begin within three months after the agreement is signed."

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