Volkswagen, SAIC Finish New EV Plant, Expect to Begin Production in October 2020
Xu Wei
/SOURCE : yicai
Volkswagen, SAIC Finish New EV Plant, Expect to Begin Production in October 2020

(Yicai Global) Nov. 8 -- German automotive giant Volkswagen and China's SAIC Motor have completed construction of their new electric vehicle factory and in China and hope to have it up and running in October 2020.

The facility cost CNY17 billion (USD2.4 billion) to build and has a planned annual capacity of 300,000 units a year, Wenhui Daily reported, adding that it is the biggest and most efficient factory in China capable of producing pure electric cars.



Follow Yicai Global on
Keywords: Volkswagen , SAIC Motor