Desay SV breaks ground on new smart factory in Spain

Published: Jul 8, 2024 16:53
Source: gasgoo
On July 5, Chinese smart automotive solution supplier Desay SV held the groundbreaking ceremony for its new smart factory in Linares, Andalusia, Spain.

Beijing (Gasgoo)- On July 5, Chinese smart automotive solution supplier Desay SV held the groundbreaking ceremony for its new smart factory in Linares, Andalusia, Spain. The factory is expected to be completed by the end of 2025 and will begin supplying intelligent products in the fields of smart cockpits and smart driving to customers in 2026.

The initial production focus will be on in-car display products. This new facility will enable Desay SV to respond to the demands of the European and surrounding markets with shorter delivery times and faster service.In his speech, Desay SV Chairman Gao Dapeng highlighted the significance of this new factory as an important step in the company's globalization strategy. He emphasized that Desay SV will leverage Spain’s geographic advantages and its own service experience and technical expertise to contribute to the prosperity of the automotive industry in Europe. Desay SV aims to collaborate closely with upstream and downstream partners in Europe, a hub of technological innovation and brand building.

Spain holds a crucial position in the global automotive industry, consistently ranking among the top ten vehicle producers worldwide for over three decades. With a robust industrial foundation and a wealth of technical talent, Spain has become a leading nation in the manufacture of new energy vehicles in Europe. The establishment of Desay SV’s new factory in Europe aligns with the company’s customer-centric philosophy, further integrating it into the global automotive supply chain and enhancing the safety and efficiency of this network.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Volvo Became Lynk & Co's Exclusive EV Dealer in Europe
Apr 1, 2026 09:28
Volvo Became Lynk & Co's Exclusive EV Dealer in Europe
Read More
Volvo Became Lynk & Co's Exclusive EV Dealer in Europe
Volvo Became Lynk & Co's Exclusive EV Dealer in Europe
[Volvo Cars to Exclusively Sell Lynk & Co EVs in Europe] On March 30, Volvo Cars announced that it had signed a memorandum of understanding with Geely Automobile to become the exclusive importer and dealer of EVs under Geely’s Lynk & Co brand in the European market. Volvo Cars said: “The company plans to sell Lynk & Co car models through Volvo Cars’ retail network and use its sales and after-sales system in relevant markets.”
Apr 1, 2026 09:28
Hyundai Accelerated Its Electric Vehicle Expansion in China Under U.S. Tariff Pressure
Apr 1, 2026 09:28
Hyundai Accelerated Its Electric Vehicle Expansion in China Under U.S. Tariff Pressure
Read More
Hyundai Accelerated Its Electric Vehicle Expansion in China Under U.S. Tariff Pressure
Hyundai Accelerated Its Electric Vehicle Expansion in China Under U.S. Tariff Pressure
[Hyundai Motor Steps Up Its EV Push in China Amid US Tariff Pressure] South Korea’s Hyundai Motor is intensifying its EV strategy in China, setting an aggressive target of selling more than 40,000 NEVs this year in a bid to reduce its reliance on the US market as US tariff pressure continues to mount. According to industry sources, Hyundai Motor plans to raise NEV production at its joint venture Beijing Hyundai to 41,500 units in 2026, up more than 33-fold YoY; by then, the share of new energy car models in total production will surge from just 0.6% last year to about 20%. Hyundai Motor has also set its total sales target in China for this year, including exports, at 218,000 units, up 10.8% from 2025.
Apr 1, 2026 09:28
Toyota Motor’s Global Sales Fell 2.3% YoY in February
Apr 1, 2026 09:27
Toyota Motor’s Global Sales Fell 2.3% YoY in February
Read More
Toyota Motor’s Global Sales Fell 2.3% YoY in February
Toyota Motor’s Global Sales Fell 2.3% YoY in February
[Toyota Motor’s Global Sales Fell 2.3% in February] Toyota Motor announced on March 30 that its global sales in February (including the Lexus brand and subsidiaries Daihatsu Motor and Hino Motors) fell 2.3% YoY to 806,905 units. Among them, February sales of the Toyota and Lexus brands declined 3.3% to 737,134 units; domestic sales in Japan fell 8.3% to 122,264 units, while sales outside China declined 2.2% to 614,870 units.
Apr 1, 2026 09:27
Desay SV breaks ground on new smart factory in Spain - Shanghai Metals Market (SMM)