Project Name: Annual production of 50,000 pickup truck production base projects
Release Date: 29th December, 2018
Investment Mode: Sole-venture, Joint-venture, sole proprietorship
Industry: Manufacturing
Location: Hubei Province
Project validity period: One year
Total amount of project capitals: 1.5 billion US dollars
Project Description:
Invest 1.5 billion yuan to build an annual production capacity of 50,000 pickup trucks. At present, China has gradually implemented the pickup truck into the city. From the perspective of the provinces that have been lifted, the sales volume of pickup trucks in 2016 has a double-digit growth rate. At present, some provinces in the central and western regions have been included in the pickup of the city, and the next central and western regions Pickup sales will see a big increase. Only Zhengzhou Nissan and Hefei Jianghuai have pickup trucks around Puyang. There are no professional pickup trucks in Hubei, Hunan and Shaanxi provinces, and the market potential is huge.
Information Source: Ministry of Commerce Public Services
