Great Wall Motors will start production in Russia in 2019

Great Wall Motors will start production in Russia in 2019

Finmarket – Chinese Great Wall Motors (GWM) plans to launch production at its own facility in Tula region in the first quarter of 2019, as told by the deputy chairman of the regional government and the minister of economic development Grigory Lavrukhin to journalists on Thursday.

“The Great Wall Motors has confirmed the plans for the completion of investment stages, set in 2017. Accordingly, the building and assembly works will be completed by the end of this year and the production will be launched during the first quarter of 2019. Based on the current pace of the construction and the imports of equipment, we believe that the aforementioned terms are absolutely realistic” – said Lavrukhin.

As stated by the general director of Great Wall Motors: Zhang Junxue previously, the first commissioning is planned for September 2018.

The project is planned to be carried out in two stages. The initial annual capacity of the plant will be 80,000 vehicles. Following the completion of the second stage (expected in 2020 – Interfax), the production capacity will reach 150,000 vehicles per year. In particular, the serial production of the new crossover model Haval H6 is planned to be launched at the plant in Tula region. There are plans to create up to 2500 jobs. The total investment amount in the project is $500 million.