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China’s GAC announces giant $6.5 billion electric vehicle industrial park

We have been talking a lot about China at Electrek over the past few months, but that’s because it has quickly become the largest electric vehicle market in the world and it’s likely to keep growing with the government’s mandate.

Now one of the country’s biggest automakers, GAC Motor, announced that they started construction at a giant $6.5 billion industrial park to develop and produce electric and autonomous vehicles.

It’s one of the biggest investment of its kind.

The park will be located in Guangzhou’s Panyu district on 5 square kilometers.

More electrek.co/2017/05/09/china-gac-electric-vehicle-industrial-park/

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