SHANGHAI, Mar. 23 (SMM) - Shangdong KAMA Automobile Manufacturing held commencement ceremony of new energy vehicle project in Jiangxi’s Ganzhou on March 22.
The company invests 1.5 billion yuan to produce new energy vehicle, light truck, special purpose vehicle and other passenger vehicles, which covers 896 acres.
After the completion, the project will produce more than 100,000 sets of vehicles per year, bringing more than 4 billion yuan of sales revenue and contributing 200 million yuan of tax.
KAMA plans to finish 150,000 square meters of manufacturing shop by late December 2017 and put four technologies, including stamping, welding, coating and final assembly, into operating by July 2018.
Shangdong KAMA Automobile Manufacturing, one subsidiary of China Hi-Tech Group Corporation, owns advanced production lines, such as coating, welding and final assembly with annual vehicle capacity at 200,000 sets.
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