Chinese Automaker to Build Electric Vehicle Plant in S. Korea

Write : 2016-03-13 17:36:07 Update : 2016-03-13 18:59:26

Chinese Automaker to Build Electric Vehicle Plant in S. Korea

A Chinese carmaker Jiu Long is moving to build an electric vehicle plant in the South Korean city of Gwangju in South Jeolla Province.
The city government said on Sunday that it will sign a memorandum of understanding to that effect with the automaker on March 23.
Under the agreement, the automaker will build a plant to manufacture electric vehicles in the city, which will provide administrative support for the construction.
Discussion on the scope of the investment is under way, but the Chinese carmaker is expected to invest about 250 billion won to build a factory until 2020 with a production capacity of 50-thousand cars a year.
The Chinese carmaker based in Yangzhou, Jiangsu Province has reportedly pursued to invest in South Korea for years as part of efforts to upgrade its products.

  • RSS
  • Facebook
  • Twitter
  • print
  • list
  • Top
prev  prev  1 2 3 4 5 6 7 8 9 10 next
Internet Radio On-Air Window to KBS WORLD Radio Window to KOREA
2018 Inter-Korean Summit
North Korea Inside
청취자 만족도 조사 결과 -E
Let's Learn Korean (Mobile)
More Service
RSS Service
  • RSS Service
  • You can subscribe to KBS World Radio’s news and other Web contents through RSS


3 / 4