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JAC Motors to set up mid-/high-end MPV base in Bozhou

Monika From Gasgoo| July 02 , 2020 14:01 BJT

Shanghai (Gasgoo)- JAC Motors inked on June 30 an agreement with Bozhou municipal government to build mid-/high-end MPVs at Anhui Jianghuai Anchi Automobile Co., Ltd., a wholly-owned subsidiary of the Hefei-based automaker.

According to the agreement, local government will offer supports of capital, policy and procurement to the construction of the MPV manufacturing base, so as to boost local economic development and increase jobs for local residents.

Registered in September 2010, Jianghuai Anchi is a Bozhou-based automaker that mainly produces SUVs, pickups, mini trucks and mini-sized electric cars, according to public records.

JAC Motors to set up mid-/high-end MPV base in Bozhou

(Refine M4, photo source: JAC Motors)

JAC Motors has quite a few MPV models on sale like the Refine series. By building the new mid-/high-end MPV base, the company attempts to consolidate its advantage in the domestic MPV market.

Amid the fight against the COVID-19 pandemic, JAC Motors made use of online marketing channels to spur its MPV sales after it fully resumed operation and production. In April, the diesel-powered Refine M4 hit the market, which further enriches JAC's MPV lineup.

JAC Motors recently attracted a great deal of public attentions by its transaction with Volkswagen Group. On June 11, JAC Motor, Volkswagen (China) Investment Co., Ltd. (“VW China” for short) and JAC Volkswagen (“JV” for short), a NEV joint venture between the former two, struck a deal which will see VW China's share in the JV increase to 75% from 50%.

After gaining more shares, Volkswagen Group will authorize JAC Volkswagen to produce four or five BEV models, according to another agreement signed between JAC Motors and VW China. Besides, a manufacturing plant that is able to output vehicles at 60 units per hour is set to work at full capacity between 2025 and 2030.

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