JMC NEV new base begins construction with a total investment of RMB 12 billion

Shanghai (Gasgoo)- The commencement ceremony for JMCG (Jiangling Motors Company Group) NEV new base and engineering research institute was held on October 28th in Ganjiang. Mao Weiming, standing member of CPC Jiangxi Provincial Committee and Executive vice Governor, as well as Yin Meigen, Secretary of Nanchang Municipal Committee of CPC, all attended the ceremony.

JMCG NEV new base and engineering research institute are important parts in JMCG’s layout for NEV R&D, manufacturing, sales and intelligent transportation. The project has a total investment of RMB 12b with the annual capacity of 150,000 units in the first phase, which is expected to begin production in the latter half of 2019. The second phase plans to expand the construction into an annual capacity of 300,000 units. The new base will provide lightweight manufacturing techniques for steel aluminum hybrid car body, all aluminum car body and many composite materials. It also plans to manufacture power battery sets and plastic outer coverings, with equipment automation rate exceeding 85%, thus becoming a benchmark factory in terms of energy-saving and environmental-protection.