Hangzhou Changjiang Automobile Co., Ltd. ("Hangzhou Changjiang") is a subsidiary of FDG Electric Vehicles Limited, which is located in Hangzhou’s Yuhang Economic and Technological Development Zone with a total area of 1,150 Mu. The construction includes two phases. Phase I construction had started in February 2014 and had been completed and commenced production in April 2016. The production base is equipped with production facilities for five major processes (stamping, welding, painting, assembly and electric control) with international standards. The designed annual production capacity is 20,000 units of mid-size buses and 80,000 units of passenger vehicles. The permission for manufacture of pure electric new energy passenger vehicles has been obtained.
Hangzhou Changjiang values scientific and technological innovation, and is dedicated to establishing a premium electric vehicle (EV) brand in China with craftsmanship spirit. Their pure EV products developed with Independent-Forward-Engineering have gained substantial recognition within the industry and among its customers in the aspect of safety, reliability, comfortability and driving experience. In addition, during G20 Summit held in Hangzhou in September 2016, Hangzhou Changjiang under FDG provided exclusive services in receiving the delegates and transportation in the core area of the summit through a total of 210 units. With the superb performance, the vehicles received double honour of "G20 Hangzhou Summit Super Sponsor" and "G20 Hangzhou Summit Designated Products" from the G20 Organising Committee.
Hangzhou, as one of the pilot cities of "5G Telematics" project implemented by the Ministry of Industry and Information Technology of the State and Zhejiang Province, provided EV enterprises with exceptional development advantages. By virtue of the transformation and upgrading of vehicle industry in Hangzhou, Hangzhou Changjiang, with the leading edge in Independent-Forward-Engineering and EV manufacturing, will develop into a model enterprise with sound operation and production in large scale. Hangzhou Changjiang will be an outstanding EV enterprise in the EV industry.