Conti Opens Asia HQ, R&D Centre in Shanghai
As part of its drive to increase localisation and provide better technical support to customers in the Chinese market, Continental AG has opened its new Asia headquarters and research and development centre in Shanghai’s Yangpu district. The new 16-floor 15,000 square metre facility currently houses around 700 employees from Conti’s Automotive Group, and a further 200 will relocate there by early 2010. The site will function, says Continental, as its Asia headquarters as well as an “important technical centre for the design and development of vehicle electronics”. The new R&D centre is the second Conti has opened in Shanghai; the company’s Continental Automotive Tech Centre in Jiading focuses on vehicle application development and systems testing for electronic brake systems, hydraulic brake systems, and engine management and system control. Some 60 million euros have been invested in both sites.