Group 1 - The core agreement involves a memorandum of cooperation between Suzhou Industrial Park Management Committee and Nexteer Automotive (China) Investment Co., Ltd. for establishing Nexteer's Asia-Pacific headquarters, R&D, and smart manufacturing projects with a total investment of 1 billion yuan [1] - The project will focus on electric power steering and steer-by-wire technologies, catering to various levels of assisted and autonomous driving needs, with an expected completion date of July 2026 [1] - Upon reaching full production, Nexteer is projected to achieve an annual output value exceeding 10 billion yuan in the Suzhou Industrial Park [1] Group 2 - Suzhou has developed a comprehensive automotive industry chain, including complete vehicles, components, automotive electronics, and intelligent vehicle networking, emphasizing the electrification and intelligent development of the automotive sector [2] - The local government expresses gratitude for Nexteer's support and recognition of Suzhou's business environment, encouraging further investment and project development [2] - Nexteer acknowledges the advantages of Suzhou's industrial ecosystem, talent resources, and innovation environment, aiming to enhance collaboration with local supply chains and contribute to the high-quality development of China's automotive industry [2]
刘小涛会见耐世特汽车系统全球副总裁李军