Great Wall Motor's new Tianjin-based factory will officially begin production this August, China Business News reported today. The factory, which is dedicated to the production of mid- and upper-segment automobiles, is viewed to be one of the manufacturer's most important projects.
Great Wall will invest a total of 12.67 billion yuan ($1.96b) in the 5,000 acre site, which will also produce autoparts for the manufacturer. Models produced at the site upon completion will include the Haval H6 SUV (pictured) and Voleen C50 sedan, among others.
The site is expected to have a total annual production capability of 800,000 vehicles when it is fully completed in 2015, when it will be accountable for 40 percent of Great Wall's total vehicle production. It will also serve as the manufacturer's primary export logistics center.