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14 02 2018 01

The Chinese car manufacturer Geely has signed a contract for the construction of a new 5 billion dollar production complex for EVs and PHEVs in the province Zhejiang. The project is st to begin in October and will be realized in two phases.

The contract was made between the company and the local regional government of Changxing, where Zhejiang is located. Next to the planned assembly plant, Geely is also planning to construct a transmission plant and a component supplier. Which cars will be produced at the location has not been announced yet.

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