Continental has celebrated the grand opening of the fourth expansion phase of its tire plant in Hefei, China. With the extension of its solely tire plant in the country Continental Tires will boost its annual production capacity to 18 million passenger and light truck tires annually by 2027. Total investments into the Hefei production site stand now at close to 1 billion Euro. This expansion will create 400 additional jobs in the upcoming years.
In the first half of 2022, Continental was the leading original equipment supplier for passenger car tires on the Chinese market. According to a study conducted by the trade publication “China Tire Dealer” amongst new vehicle models introduced on the Chinese market in the first half of 2022, German premium tire manufacturer Continental surpassed its competitors and now occupies the top spot when it comes to fitting cars with tires ex works.
Continental has celebrated the grand opening of the fourth expansion phase of its tire plant in Hefei, China. With the extension of its solely tire plant in the country Continental Tires will boost its annual production capacity to 18 million passenger and light truck tires annually by 2027. Total investments into the Hefei production site stand now at close to 1 billion Euro. This expansion will create 400 additional jobs in the upcoming years.