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User Guide
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Visteon Group (China) Business Report FY ended Dec. 2024

Strategic cooperation

-Visteon announced the establishment of a joint venture (JV) in Michigan, USA with Shinry Technologies Co., Ltd. (Shinry), a China-headquartered tier-one auto parts supplier specializing in in-vehicle charging and power distribution solutions for New Energy Vehicles. The JV, named Visteon-Shinry Power Electronics, will combine the two parties’ expertise to strategically grow their power electronics capabilities. (From a Visteon press release dated March 7, 2024)

Orders

-Changchun FAWAY Automobile Components Co., Ltd. (FAWAY) announced that its subsidiary, Changchun FAWAY Visteon Automotive Electronics Co., Ltd. (FAWAY Visteon), started production of instrument clusters for FAW Toyota. It marks the first time that FAWAY Visteon has become a supplier of FAW Toyota. (From a press release dated March 17, 2023)

 

R&D Structure

Company name Year established City Details
Visteon China Technical Center (CTC) 2005 Shanghai -Development related to electronics. The headquarters of Yanfeng Visteon.
Shanghai Visteon Automotive Electronics System Co., Ltd. 2006 Shanghai -A joint venture between Visteon (60%) and Dongfeng Electronic Technology (40%). 
-Development and production of digital meters, multi-function displays, air conditioning switches and other automotive electronics products.
Shanghai Visteon Automotive Electronics System Co., Ltd. Wuhan Branch 2018 Wuhan,
Hubei
-Technology R&D Center located in Wuhan
-Technical research and development of automotive cockpit electronics, BMS products and on-board charging products.
Changchun FAWAY Visteon Automotive Electronics Co., Ltd. 2014 Changchun,
Jilin

-A joint venture between Visteon (51%) and FAWAY (49%).
-Development and production of automotive electronics.

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