Beijing WKW Automotive Parts plans $2.5B NEV plant in Qinhuangdao, Hebei

Beijing WKW Automotive Parts Co. plans to invest CNY16 billion (USD2.5 billion) to build a new-energy vehicle manufacturing plant in Qinhuangdao Economic and Technology Development Zone, Hebei province. The plant aims to produce 300,000 vehicles annually.

“The investment will substantially boost the local economy and the auto parts industry.”yicaiglobal.com

• 2 sources
• yicaiglobal.comWKW Auto Parts Shifts Up a Gear With USD2.5 Billion NEV FactoryDou ShicongMar 16, 2018
• electrive.comBeijing WKW Automotive Parts to make NEVs in China - electrive.comChris RandallMar 16, 2018

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