Chinese automaker FAW has started constructing a new factory in Changchun that will produce electric cars for its premium brand "Hongqi". The completion of the factory is planned for 2022. FAW wants a capacity of 200,000 vehicles per year.
It directly sends more than 3,000 people in employment and further supports the electrification transformation of the Hongqi brand.
Hongqi's plant is based on advanced technology design, showing its ultimate style, creating high-efficiency, high-quality and flexible first-class production lines and building environmentally friendly intelligent factories to promote the upgrade of the manufacturing industry.
Hongqi invested a total of one billion euros.
Hongqi manufactured 100,000 units in 2019 and plans to double that this year. For this plan to work, the existing plant (also in Changchun) was expanded this spring, the capacity is now 150,000 vehicles. When the new factory is completed, the total capacity will be 350,000 vehicles per year.
Today, the Hongqi brand has six models on sales, namely, the fuel-powered H5, H7, L5, HS5, HS7, and the all-electric E-HS3 crossover SUV. The Hongqi H9 full-sized luxury SUV made its world's debut at the Frankfurt Motor Show and is set to hit the market in June 2020.
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