Continuing Leadership of Western China's Growth

Authors: China Daily

2017-05-18

Technological advances and automobile manufacturing bring higher value, profits to western China megacity through partnerships and investment.
Car industry development
Chengdu has shaped a complete automotive industrial chain to lift the city's competitive capacity.
Volvo launched construction of its scalable product architecture vehicle production platform in Chengdu. The platform, with total investment of 11.2 billion yuan, will be capable of producing 200,000 complete vehicles per year.
Built within Volvo's existing passenger car manufacturing base in Chengdu, the platform will be put into production in late 2017.
Ning Shuyong, Volvo China's vice-president in charge of public relations, said the Chengdu base will produce the next generation of Volvo 60 series vehicles.
Volvo's Chengdu plant is a main production base for Volvo 60 series products. Vehicles produced in Chengdu are supplied to the United States and the Asia-Pacific region. The base has started to export Volvo S60 Inscription to the US and has obtained the highest rating for safety from the US' National Highway Traffic Safety Administration.
Geely, the brand owner of Volvo, signed three strategic investment agreements with Chengdu's government to expand production of new energy vehicles, SPA-based passenger vehicles and BMA platform-based passenger vehicles. The three projects will allow Geely to produce 600,000 vehicles per year and strongly support Geely's product upgrades.
The automotive industry is a pillar industry in Chengdu. The annual vehicle production volume reached 1 million units in 2016. The expected production volume for this year is 1.1 million vehicles.
(source: www.chinadaily.com.cn, May 14, 2017)
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