FAW Hongqi completes production target ahead of schedule
The annual production of FAW Hongqi brand vehicles exceeded 200,000 units as of 8:00 am on Dec 20, marking another historic leap forward after the annual output of 33,000 vehicles in 2018 and the breakthrough of 100,000 vehicles in 2019.
The FAW Group is based in Changchun, capital city of Northeast China's Jilin province.
In 2020, the automobile industry faced challenges posed by its transformation and upgrading, market competition, COVID-19 pandemic and other factors.
In order to ensure the realization of the annual output target of Hongqi, FAW's manufacturing systems supported and worked with each other. They actively planned the resumption of work and production during the year and solved more than 30 key technical, production and logistics problems.
At the same time, FAW resolved resource allocation challenges and helped branches and subsidiaries in Jilin province to resume work and production at 29 suppliers.
The company implemented plant capacity upgrading and transformation projects, fully utilized production and marketing links, attained its maximum capacity and ensured the achievement of the annual production target of the Hongqi brand.
FAW Hongqi has formed a model matrix composed of various types of vehicles.
Under the strategic plan, in the next five years, Hongqi plans to launch 18 products in the field of electric vehicles, accounting for more than 85 percent of all its products.
By 2025, FAW Hongqi plans to achieve the commercialization of its solid-state batteries in new energy products, with a maximum endurance of 1,000 kilometers.