Leveraging the Nanjing Golden Autumn Economic & Trade Fair, Nanjing has successfully attracted 80% of the city’s foreign contracted investment and 90% of foreign-funded projects over the past 30 years. Valeo, a global Fortune 500 automotive parts company based in France, powers one-third of new cars launched worldwide each year with its cutting-edge electrification solutions.

Having established a clutch company in Nanjing in 1997, Valeo has now launched Valeo Power Technology (Nanjing) Co., Ltd., making Nanjing the headquarter for Valeo Powertrain in China.

“Nanjing is an important base for Valeo’s electrification business. With the establishment of the Valeo Powertrain headquarters in China, we will accelerate electrification development and expand even more business opportunities in this fertile land.” Valeo China President, ZHOU Song, shared his optimism about Nanjing at the event.