Zonda initiates a light bus project in Yancheng

by Karen Di   2011-03-02

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YANCHENG, Jiangsu – China’s automaker Zhongda Group (Zonda) initiated a light bus project by holding a groundbreaking ceremony on March 1 at Jianhu county in Yancheng, the largest city in area of Jiangsu Province, according to media reports.

The project has a building area of 780mu (519,480 square meters) and the new manufacture plants, warehouses, sales and technology centers as well as new energy vehicle R&D center will cover an area of nearly 300,000 square meters.

After the whole construction completed, it expects to annually pump out 10,000 light buses and 10,000 key assembly parts of new energy vehicles, realizing sales revenue and profit before tax ¥3 billion ($455 million) and ¥600 million respectively.

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