Loading…
Nanjing Chervon Auto Precision Technology received a project award letter from Valeo Siemens eAutomotive Germany GmbH to supply motor housings for Daimler vehicles. The estimated contract value is CNY 550 million over 3 years.
Fawer Automotive Parts Co., Ltd. and Valeo Siemens eAutomotive Germany GmbH have notified the Chinese authorities of their proposed joint venture. The case is under public review from May 21 to May 30, 2018.