Beijing WKW and Hybrid Kinetic to build clean energy vehicle plant in Ningbo

Beijing WKW Automotive Parts and a subsidiary of Hybrid Kinetic Group signed an investment agreement with the local government to establish a manufacturing base for clean energy vehicles in Ningbo's Fenghua district with an annual output of 300,000 units and total investment of USD 2.57 billion.

“Their plan calls for USD2.57 billion (CNY17 billion) in investments.”www2.yicaiglobal.com

• 1 source
• www2.yicaiglobal.comGovernment Teams Up With Companies to Establish Clean Energy Vehicle JV In NingboZhang XiaSep 29, 2017

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