Valeo invests in expanding production line in Wuhan Economic Development Zone

Valeo Ichiko (China) Automotive Lighting Co., Ltd. plans to build a new production line in its second factory in Wuhan, focusing on the research and development and production of high-end headlights for new energy vehicles. The move is aimed at expanding production capacity and expanding the market. The Valeo Group has established 27 production bases and 13 R&D centers, with products covering multiple fields. The expansion is expected to increase the output value of Valeo Ichiko (China) Automotive Lighting Co., Ltd. by 500 million yuan. Currently, the annual production capacity of the factory is 3 million headlights, and it is planned to reach 5 million in the future.