BAIC Constructing New Electric Car Factory
Chinese automaker BAIC is building an EV factory in Laixi (Shandong Province). The factory should begin operations in 2016.
Initial production capacity of the assembly line will be 5,000 vehicles annually.
E150EV and Weiwang 306 are the two first models that will enter production in Laixi.
BAIC expects that in 2017, production could ramp up to 50,000 EVs a year and then onto 100,000 a year, ultimately landing at 200,000 annually by 2020.
Source: Automotive News China (subscription req.)