Great Wall is expanding production capacity in the east China
Despite the chinese market downturn Great Wall is expanding production capacity in this country. The company signed an agreement with the government last week to build an assembly plant in Taizhou, a city in east China’s Jiangsu province.
In addition to light vehicles, the factory will produce interiors, exteriors and chassis of vehicle. The 8 billion yuan (1.2 billion dollars ) Taizhou factory will become the company’s eighth production site in China.
Great Wall assembles vehicles in three North China cities: Baoding, Xushui and Tianjin. Its plant in the southwest China municipality of Chongqing is slated to start production before the end of the year. The company is also set to build vehicles at plants in the east China cities of Zhangjiagang, Rizhao and Pinghu.
The Zhangjiagang factory will be jointly owned by Great Wall and BMW Group. Due to begin production in 2021, the factory will build EVs for BMW’s MINI brand as well as Great Wall’s proprietary marques.