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.