In 2019, Valmet Automotive manufactured a total of 114,000 vehicles at the Uusikaupunki, Finland plant. This is a new production record for the plant, the previous record was made in 2018, when 110,000 vehicles were completed. In recent years, the production volumes at the Uusikaupunki plant have been steadily growing.
The value of the production record is further increased by the challenges that faced the automotive industry in 2019. Under the circumstances, the production record goes to show the strength of Valmet Automotive’s manufacturing operations last year.
The importance of Valmet Automotive to the Finnish national economy is emphasized by the fact that according to the Customs, the value of Finnish exports of motor vehicles for the transport of persons reached almost 2.9 billion euros in 2019, making passenger cars one of leading Finnish export products. Valmet Automotive runs the only passenger car making plant in Finland.
– Despite the global challenges that faced the automotive industry in 2019, Valmet Automotive was able to set a production record. This is a remarkable achievement, based on the expertise and commitment of our personnel, says Pasi Rannus, SVP, Manufacturing, Valmet Automotive.
The total of 114,000 vehicles is a strong case for Valmet Automotive’s flexibility and continuous growth: the production volumes at the Uusikaupunki plant have been steadily rising since 2013. The production is based on scalable manufacturing services, ranging from small-volume vehicles to premium high-volume products.
Mikael Mäki, Manager, Corporate Communications, Valmet Automotive
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The Valmet Automotive Group is one of the largest vehicle contract manufacturers in the world, Tier 1 systems supplier to roof systems and a key development partner to the global automotive industry. In its strategic development, Valmet Automotive Group focuses on electromobility with developing and supplying modules as well as battery systems. The activities in the group are divided into the four business lines: Manufacturing, Engineering, EV Systems and Roof & Kinematic Systems. Since its founding in 1968, Valmet Automotive has produced more than 1.5 million vehicles at the Uusikaupunki, Finland plant. In Salo, near the Uusikaupunki plant, Valmet Automotive opened its first volume production of batteries for the automotive industry in autumn 2019. The company has locations in Finland, Germany, Poland and Spain. The largest shareholders in the Valmet Automotive Group are state-owned Finnish investment company Tesi and the Pontos Group, each with a stake of 38.46 percent. 23.08 percent is held by the Chinese Contemporary Amperes Technology Limited (CATL), the world’s leading manufacturer of batteries and battery cells for electric vehicles.