Automotive supplier Zhongding investing €260m in China R&D, chassis project

Xi'an, China – Chinese automotive components major Zhongding Group has signed an agreement to build an R&D centre and a chassis production plant in the central Chinese city of Xi'an.

To be carried out by subsidiary Anhui Zhongding Sealing Parts, the project will be located at Xian Economic and Technological Development Zone and will involve an investment of Yuan2 billion (€257 million).

The intelligent chassis parts production project will focus on air suspension systems, body bushings, suspension isolation, sealing systems and other rubber parts.

The project is intended to help accelerate the growth of the automotive industry chain in the region, said Xi'an's local government in a 3 Feb statement.

The statement did not provide details on the capacity or the size of the plant.

The R&D centre will be focused on “matching design, parameter optimisation, R&D and trial production of lightweight forged aluminium steering knuckles.” 

The centre will also work on other multi-system control units to provide overall chassis solutions that offer "stability, safety and comfort".