# 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.

- Type: New facility
- Announced: 2018-03-16
- Where: Qinhuangdao Economic and Technology Development Zone, Hebei, China
- Value: $2.50B
- Status: announced
- Capacity: 300,000 vehicles per year
- Products: new-energy vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Beijing WKW Automotive Parts](https://endata.com/companies/24031.md)
- [Beijing Zhonghuan Investment Management Co Ltd](https://endata.com/companies/30802.md) (partner)
- [WKW Erbsloeh Automotive GmbH](https://endata.com/companies/30803.md) (partner)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/wkw-auto-parts-shifts-up-a-gear-with-usd25-billion-nev-factory), 2018-03-16: "The investment will substantially boost the local economy and the auto parts industry."
- [electrive.com](https://www.electrive.com/2018/03/16/beijing-wkw-automotive-parts-invests-in-chinese-factory/), 2018-03-16: "WKW plans to set up a production base in the port city of Qinhuangdao."

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