AutoBeta(AutoBeta.net)05/11 Report--

Beijing Mercedes-Benz Automobile Co., Ltd. officially announced the restructuring of the BAIC plant, which is located in Shunyi District of Beijing. Beijing Mercedes-Benz will upgrade the plant and put into production of Mercedes-Benz fuel vehicles and new energy vehicles, with an annual production capacity of 150000 units.

It is also learned from the project document that the factory will produce two models codenamed Z243 and V295, of which Z243 is a traditional fuel model, with a total quality of 1580kg and an annual production of 80, 000 units. The V295 model is a new energy model, with a total quality of 2710kg and an annual production capacity of 70, 000 units.

In fact, BAIC has announced a cooperation investment plan with Daimler in 2018, and the two sides will invest 11.9 billion yuan to build a Beijing Mercedes-Benz new energy luxury car production base, which covers an area of 1.06 million square meters in Shunyi, Beijing. The former BAIC Saab production base previously included Saab D70, X55 and BAIC New Energy EU260. After the reorganization and construction of the base, the annual production capacity of the first phase of the project is 150000 vehicles, and the first car is planned to go off the line by the end of 2019, with an estimated annual output value of 50 billion yuan, and the future annual production capacity will be expanded to 300000 vehicles according to development needs.

Sales of Mercedes-Benz (including Smart) in China rose 11 per cent year-on-year to 653000 in 2018, reaching 232050 in the first April of this year, according to data.

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