Jiangsu Changshu Automotive Trim Group

Chinese automotive supplier CAIP broke ground on its first overseas factory in Nyíregyháza, Hungary, on 18 November 2024. The facility spans 60,000 square meters with a total investment of €60 million and is expected to produce 450,000 sets of automotive interior and exterior trim products annually.

Shenyang Changchun Auto Parts, a wholly-owned subsidiary of Jiangsu Changshu Automotive Trim Group, has received a contract from a German luxury automaker to supply underbody shields and wheel covers for a new energy and fuel vehicle model. The project is expected to start production in 2026 with a total lifecycle value of approximately RMB 800 million over 7 years.