Wanxiang To Build $375 Million EV Plant In China

According to Bloomberg, the Wanxiang Group intends to build ian electric car plant in Hangzhou, China. Capacity of the 2.5 billion yuan ($375 million) plant is to be 50,000 cars annually. Wanxiang is one of the largest automotive parts suppliers is the world, but is best known inn ‘EV circles’ as… …read more