Ford and its joint venture Changan Ford have opened a new assembly plant in Hangzhou, China.
The Hangzhou plant represents a $760 million investment and is the 6th assembly plant producing Ford vehicles in China, increasing capacity for the company by 250,000 vehicles. It will help Ford meet rapidly growing demand from customer across the country.
Located at Qianjin Industrial Park, Da Jiangdong District, the new plant is a key part of Ford’s plan to increase global sales by 45 to 55 percent to approximately 9.4 million vehicles per year by 2020. With the launch of the Hangzhou plant, total annual capacity of Ford’s China joint venture, Changan Ford, will be 1.4 million vehicles.
This plant uses Ford’s best-in-class global technologies, including a flexible production line that can produce up to six different models. The highly efficient production line is capable of producing one vehicle every 72 seconds.
The first vehicle being manufactured at the plant is the new Edge, part of Ford’s commitment to bring 15 new vehicles to China by 2015. It features a third row which was specifically designed to meet the needs of Chinese customers.
