A consortium of Chinese automobile companies is planning to set up an electric vehicle (EV) manufacturing hub in Sanand, Gujarat.
Seven Chinese companies have formed China Electric Vehicle Consortium to set up the 200 acre electric vehicle park. The e-vehicle hub will come up with an investment of $100 million.
The Chinese consortium comprises Green Field Motor Co, VOCH Group, YueHua Control Group, Zhuji Yongcheng Auto Co, Wenzhou Jinpi Machinery Manufacturing Co, and JBON Control Industry.
These companies plan to make electric two-wheelers, three-wheelers, as well as four-wheelers and vehicles to be used for cleaning roads, besides city sanitary cars, ambulance cars and police cars.
The companies will be shareholders and will be allotted land according to their requirements within the park. They will also make individual investments to build the plant.
The consortium is planning to buy land and build infrastructure like a common facility centre and an exhibition area, where customers can test these electric vehicles.
During Chinese President, Xi Jinping's visit to India, China had committed to investing $20 billion in the country over five years.
More Project Info:
Electric Vehicle Hub (Sanand) Project