Xinhua
19 Nov 2025, 13:19 GMT+10
SHENYANG, Nov. 19 (Xinhua) -- The recent production of Michelin's 100 millionth passenger tire at its Shenyang plant in northeast China's Liaoning Province underscores the deepening synergy between foreign enterprises and the country's manufacturing sector, particularly in advancing the green transition.
This milestone marks three decades of Michelin's growth in China, which has become the company's largest and most advanced production base worldwide.
The heavier weight and instant torque of electric vehicles (EVs) place greater demands on tires, making them crucial for overall performance and battery efficiency. Michelin's newly launched series is specifically designed for EVs, focusing on energy efficiency, safety and noise reduction through optimized tread patterns and advanced materials.
"As new energy vehicles (NEVs) and smart driving are rapidly accepted, tires will be closely tied to the vehicle's overall performance, battery range, and driving experience. Users now demand not just safety but also greater energy efficiency, quietness and intelligence," said Matthew Ye, president and CEO of Michelin Greater China & Mongolia.
Michelin currently holds over 30 percent of China's high-end NEV tire market and is partnered with numerous local automakers.
China's NEV output has led globally for a decade, supported by innovation and a robust industrial chain. Michelin has invested over 12.5 billion yuan (about 1.76 billion U.S. dollars) in Shenyang since 2010, enhancing flexible manufacturing to cut order response times from days to just one.
Michelin's growth in China is a microcosm of the trend of foreign enterprises integrating into the country's manufacturing ecosystem. In recent years, an increasing number of multinational automakers have positioned China as a key hub in their global industrial strategies, with the booming NEV market continuing to attract further investment and expansion from overseas companies.
In Shanghai, Tesla's first energy storage super factory project outside the United States has officially commenced production; BMW Group's largest global production base is in Shenyang, where its "Neue Klasse" models will roll off the production line in 2026, and Volkswagen Group has established its largest R&D center outside German headquarters in China, focusing on intelligent connected vehicle R&D.
Foreign enterprises are increasingly embedding themselves in China's local industrial chain, promoting the two-way flow of technology, capital, and innovation elements.
"Higher environmental standards, faster tech updates, and fierce global competition bring challenges but also broader cooperation space," Ye said, expressing confidence in China's high-end manufacturing future.
Get a daily dose of Illinois Intelligencer news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Illinois Intelligencer.
More InformationSHENYANG, Nov. 19 (Xinhua) -- The recent production of Michelin's 100 millionth passenger tire at its Shenyang plant in northeast China's...
The United States must send officials to Johannesburg if Washington wants to receive the Group of 20 (G20) presidency through a formal...
The European Union is looking at three options for meeting Ukraine's financing needs, including a loan using frozen Russian assets,...
New Delhi [India], November 19 (ANI): Security was tightened at Indira Gandhi International (IGI) Airport on Wednesday as gangster...
New Delhi [India], November 19 (ANI): The Global Trade Research Initiative (GTRI) flags unfair surcharge of 25 per cent as penalty...
By Reena Bhardwaj Washington DC [US], November 19 (ANI): In his first visit to America in seven years, Saudi Arabia's Crown Prince...
LONDON, U.K.: A Chinese national described by London police as one of the most prolific sex offenders they have ever investigated has...
KYIV, Ukraine: As Russia's renewed strikes on Ukraine's energy system trigger rolling blackouts ahead of winter, a major embezzlement...
WASHINGTON, D.C.: The United States on November 13 designated four groups in Germany, Italy, and Greece as global terrorists, accusing...
NEW DELHI, India: With air pollution choking New Delhi this week, India's Supreme Court has advised lawyers to avoid in-person appearances...
JERUSALEM - Israeli Prime Minister Benjamin Netanyahu, facing an election year, has doubled down on his decades-long opposition to...
SEOUL/WASHINGTON, D.C.: South Korea will invest US$350 billion in U.S. industry and receive approval to build nuclear-powered submarines,...
