# 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.

- Type: New facility
- Announced: 2017-09-28
- Where: Ningbo, Fenghua district, China
- Value: $2.57B
- Status: announced
- Capacity: 300,000 units per year
- Products: clean energy vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Beijing WKW Automotive Parts](https://endata.com/companies/24031.md) (partner)
- [Hybrid Kinetic Group](https://endata.com/companies/27234.md) (partner)

## Sources

- [www2.yicaiglobal.com](https://www2.yicaiglobal.com/news/government-teams-up-with-companies-to-establish-clean-energy-vehicle-jv-in-ningbo), 2017-09-29: "Their plan calls for USD2.57 billion (CNY17 billion) in investments."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.