Automotive Sep 03, 2020 10:02 AM (GMT+8) · EqualOcean
GAC Toyota broke ground for a NEV manufacturing facility and launched the Phase Ⅱ project on August 29, 2020. Covering an area of 740,000 square meters, the Phase Ⅱ project is expected to generate an annual value of around USD 7.28 billion after completion. The company has already successively rolled out NEV models iA5, the Levin E+ dual-engine mid-level PHEV and the C-HR EV. The company believes that the construction of the Phase Ⅱ project will speed up the GAC Toyota NEV business.

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