· Great Wall invested 3.2 billion in Russia to build an annual production of 150,000 cars

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The reporter learned from Great Wall Motor last week that Great Wall will invest about 3.2 billion yuan to build a wholly-owned vehicle production plant in Russia. The plant will be built in two phases, with an annual production capacity of 150,000 units.
The announcement issued by Great Wall Motors shows that the company will set up a wholly-owned subsidiary in Tula, Russia, and invest in a production base.
The vehicle production plant with a total investment of about 3.2 billion yuan will be constructed in two phases, of which the first phase will invest 2.1 billion yuan. According to the scale, the total area of ​​the production plant is 2.16 million square meters. After the whole vehicle plant is completed and put into production, it can produce about 150,000 cars per year. Russia is the largest overseas market for Great Wall Motors. Before the Great Wall built a KD assembly plant in Russia alone, the new plant will become the first full-process vehicle plant invested by Great Wall Motors overseas.

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