SHAC to build EUR 40M automotive factory in Novi Sad, Serbia

Chinese automotive company SHAC is opening its first European factory in Novi Sad, Serbia, with a EUR 40 million investment. The first phase will cover 19,000 m², with potential expansion to 30,000 m². Production is expected to start by end of 2025, with first serial delivery in Q1 2027.

“The company is investing EUR 40 million in the opening of the factory in Novi Sad.”ekapija.com

• 1 source
• ekapija.comeKapija | Factory of Chinese SHAC in Novi Sad to encompass 19,000 square meters in first phase – Expansion to 30,000 square meters planned in next phasesMay 26, 2025

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