Tianyouwei’s USD 71M Bet on Morocco’s Automotive Electronics Sector
- sino contractors
- Sep 1
- 1 min read
Morocco, August 31st, 2025
China’s Heilongjiang Tianyouwei Electronics Co., Ltd. is committing USD 71 million to establish a wholly owned subsidiary in Morocco, with an initial registered capital of USD 13 million—a move approved by the board on August 27 and pending regulatory clearance. The provisional entity, Tianyouwei Electronics Morocco Co., Ltd., will operate as a limited liability company, producing automotive instruments and related electronics for global OEM partners such as Hyundai Motor Group, BYD, Changan Automobile, Chery, FAW Bestune, and Geely Group, while targeting the European automotive market.
According to the company's semi-annual report, the first half of 2025 saw operating revenue of USD 280 million, reflecting a slight 0.49% year-on-year decline. Tianyouwei emphasized that funding will come from internal or raised capital and assured that the investment “will not adversely affect the company’s financial standing or shareholders’ rights,” though uncertainties such as approvals, macroeconomic trends, policy changes, and market conditions remain.
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