Dearcar acquires Westtiger Auto (Fujian)
Zhejiang Dearcar Auto Technology Co., Ltd. has acquired bus maker Westtiger (Xihu) Automobile Industry Co., Ltd. of Quanzhou, Fujian in February of 2018.
Dearcar will utilize Westtiger's plant as well as production license to manufacture a new line of SUVs. Dearcar will invest about 3.3 billion RMB to upgrade the plant and increase capacity to 60,000 units/year.
Recall that Dearcar is also constructing a large vehicle and parts production complex in its new hometown of Shaoxing. This will be completed in two phases at a total cost of 5.5 billion RMB. The projected capacity of this new facility is 180,000 units/year.
http://www.gg-ev.com/asdisp2-65b095fb-26260-.html
https://www.d1ev.com/news/qiye/72027
Westtiger:
http://www.westtiger.com/
http://www.xihuauto.com
Zhejiang Dearcar Auto Technology Co., Ltd. has acquired bus maker Westtiger (Xihu) Automobile Industry Co., Ltd. of Quanzhou, Fujian in February of 2018.
Dearcar will utilize Westtiger's plant as well as production license to manufacture a new line of SUVs. Dearcar will invest about 3.3 billion RMB to upgrade the plant and increase capacity to 60,000 units/year.
Recall that Dearcar is also constructing a large vehicle and parts production complex in its new hometown of Shaoxing. This will be completed in two phases at a total cost of 5.5 billion RMB. The projected capacity of this new facility is 180,000 units/year.
http://www.gg-ev.com/asdisp2-65b095fb-26260-.html
https://www.d1ev.com/news/qiye/72027
Westtiger:
http://www.westtiger.com/
http://www.xihuauto.com