WKW Auto Parts plans €1.14B electric vehicle base in Germany

Beijing WKW Automotive Parts Ltd. plans to invest up to 1.14 billion euros to build an electric vehicle research and production base in Rothenburg, Germany, through its wholly-owned subsidiary Delon Automotive GmbH. The project received NDRC approval.

“Beijing WKW Automotive Parts Ltd. said it will invest up to 1.14 billion euros ($1.25 billion) to build an electric vehicle research and production base in Germany.”caixinglobal.com

• 1 source
• caixinglobal.comBeijing Car Parts Maker Charges Up With German Electric Car Investment - Caixin GlobalYang Ge, Huang RongMay 5, 2017

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