In an effort to boost its EV business capabilities, Guangzhou Automobile Group (GAC Group), one of the leading Chinese automaker has started the construction of a large industrial park for smart and electric vehicles. Spread over 5 square kilometers, the plant will be located in China’s southern Guandong province with a total investment of more than 45 billion Yuan. This plant will provide GAC Motor a production capacity of 200,000 units per year. “In the coming five years, we will push out at least seven new electric vehicle models and cover three product series including pure electric, range-extending and hybrid. Our goal is for GAC Motor to take the lead in the EV business and achieve sales of 20,000 electric vehicles by 2020, ” Yu Jun, General Manager of GAC Motor said.
Green Car Congress
Why not share this article?
