Continental AG’s Qufu-based subsidiary inks agreement for new auto electronics project

Shanghai (Gasgoo)- Road-Broad Automotive Electronics (Qufu) Co. Ltd. ("Road-Broad"), a majority-owned subsidiary of Continental AG in China, inked a cooperation agreement with the Management Committee of Qufu Economic Development Zone on Nov. 17 to construct the second phase of Continental AG's factory in Qufu city, Shandong province.

Covering a planned area of around 100 mu (66,670 square meters) and a floorage of around 80,000 square meters, the new facility is engineered to develop, produce, and sell vehicle speed sensors of Continental AG, and work on relevant after-sale services and import & export businesses.

Photo credit: Continental AG

In the future, the construction process of the factory will be divided into two phases to have some 100 automatic production lines for wheel speed sensors and engine sensors.

Founded in 2013, Road-Broad is a joint venture between Continental AG and Qufu Temb Auto Parts Manufacturing Co., Ltd. ("TEMB"), a local automotive supplier of Qufu city, focusing on producing automobile-used sensors.

Road-Broad is one of the important global passive safety sensor manufacturing bases of Continental AG. Its main products include wheel speed sensors, camshaft/crankshaft position sensors, EPB wire harnesses, etc., which have been widely used in both new energy vehicle and traditional oil-fuel vehicle fields.