Published on : Aug 14, 2015
Johnson controls is planning to invest in China’s automotive industry by introducing new automotive battery plant in Northeast China, in Shenyang. Investment agreement of $200 million was recently signed by Johnson Controls for building state-of-the-art battery manufacturing plant. The new battery manufacturing plant is expected to have a capacity of producing 6 million auto batteries every year.
With long term promises to China, Johnson Controls promises to build the battery manufacturing plant that would meet environment standards. Authorities from Shenyang and Johnson Controls signed the agreement of construction of new automotive development plant. The construction is forecast to begin in the first half of 2016 and will be productive from 2018. The plant promises to manufacture batteries that are meant for start-stop vehicles and will be featured with fuel economy. Support from the government, local authorities, customers, and communities was appreciated by the general manager and vice president of Johnson Controls, Kenneth Yeng.
China has always been one of the key players for the global automotive market. Contribution from Shenyang towards China’s automotive industry has grown fast in the recent past. Shenyang is centrally located in the Circum Bohai Sea Region, which has been one of the significant industrial base for China’s automotive industry, since the 1930s. With such new developments, China’s automotive industry is expected to have a promising future. Johnson Controls joined hands with China’s automotive industry in 2005. Since then, Johnson Controls have been specifically contributing towards China’s automotive battery supply segment.
Johnson Controls has set up two major automotive battery plants, in Zhejiang Province in the eastern regions of China and Chongqing in the Western parts of China. Johnson and Controls has also covered Shanghai, with their R&D center exclusively for automotive batteries. Now, with a new automotive battery manufacturing plant from Johnson Controls, China is about to grow its automotive industry in the Northeast region.