Foton Motor Changsha plant lays foundation for production of heavy trucks, light trucks, pickups, and SUVs

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On the morning of December 21, 2011, the groundbreaking ceremony for the new factory of the Changsha Auto Factory of Foton Motor Group was held in Changsha County, Hunan Province. As one of the country’s first 13 cities to promote new energy vehicles, Changsha has taken the lead in the industrialization and marketization of new energy vehicles.

The Foton Motor Changsha new plant covers an area of ​​1,500 mu. It will mainly produce medium-duty trucks, high-end light trucks, pickup trucks, SUVs and other product lines. At the same time, it will also build a new generation of warehousing and logistics industries through the Internet of Things and green energy-saving and emission-reduction technologies.

The total investment of Foton Motor's new plant is 3.2 billion yuan. By then, based on the existing annual production capacity of 100,000 units at the Futian Changsha Automobile Plant, it will increase production capacity by 200,000 units and achieve a production capacity of 300,000 vehicles. It is estimated that the annual sales income will be 30 billion yuan, profits and taxes of 3 billion yuan. It employs 5,000 people to form the strategic manufacturing base of Foton Motor South, promote industrial upgrading, drive the development of supporting industries within the cluster, and achieve a win-win situation.

At present, Futian Ouhui New Energy Bus is one of the new energy vehicle products with the largest amount of domestic ownership and best operating results. In terms of new energy vehicle R&D and marketization, Foton Motor has been at the forefront of domestic self-owned brand companies. In the demonstration operation of Changsha New Energy Bus, Futian New Energy Bus also has a high market reputation and reputation.

The 2020 strategy issued by Foton Motor clearly states that Foton Motor will develop five key industries in the future: automotive and new energy vehicles, heavy machinery, new energy, financial services and automotive internet of things. The new plant of the Futian Changsha Automobile Factory laid a foundation for this time involves two major industries: automotive and new energy vehicles, and automotive internet of things.

Hunan attaches great importance to the development of the automobile industry and has introduced a number of measures to support its development. Futian Automotive Changsha Automobile Factory took full advantage of Hunan Province's policy support to encourage the development of the auto industry, and laid a foundation for the new factory as a new starting point, seize opportunities, continue to strengthen independent innovation, promote product structure adjustment and industrial upgrading, and strive to expand industrial scale and extend the industry. Chain; strengthen the cooperation with local enterprises, continuously improve the cluster development capability, and build the most competitive automobile supply chain system in China.

On the site of the event, Foton Motor and the Government Procurement Management Office of the Hunan Provincial Department of Finance signed the Agreement on Intent to Support Sales of Foton Auto Products in the Province. Changsha's entire vehicle and parts and components companies also held a signing ceremony for Changsha's vehicle and component technology innovation strategic industrial alliance.

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