Magna and Beijing Hainachuan Automotive Parts Co., Ltd. (BHAP) form a joint venture to supply door modules to automakers in China. The joint venture partners will establish a new facility for the door modules in Beijing to meet the demands of the Chinese automotive industry. Production is scheduled to begin in 2021 and is expected to create more than 100 new jobs.
The JV has already received orders of door module from a German OEM in China.
Magna and BHAP will expand their presence in China with the help of joint venture and the new facility, specifically in Beijing and would attract new customers and strengthen relationships with current ones.
John O’Hara, Magna Closures, Lighting and Mirrors President, said, “We are pleased to combine Magna’s expertise in mechatronic systems with BHAP’s relationships with automakers in China. This joint venture places both companies in a strategic position to grow and succeed as we support customers in China.”
Cai Suping, Chairman of BHAP, said, “The door module collaboration between BHAP and Magna is a significant step for us as we execute our global strategy. Working with our partners, we expect to strengthen our position in both domestic and international markets to grow BHAP into a global automotive supplier to OEMs.”
Magna is a mobility technology company and one of the world’s largest automotive suppliers with 335 manufacturing operations and 96 product development, engineering and sales centers in 28 countries. Its competitive capabilities include body exteriors and structures, power and vision technologies, seating systems and complete vehicle solutions.
Beijing Hainachuan Automotive Parts Co., Ltd. (BHAP), founded in Beijing in January 2008, an international and comprehensive auto parts enterprise group. In 2017, BHAP had operating revenue of RMB 51.2 billion. BHAP has nearly 60 subsidiaries and 16 overseas plants, R&D centers in Europe, North America and the Asia Pacific.