Chinese company Dongfeng and Zotye will collect their cars in Tatarstan

Dongfeng is a major player in the Chinese market – sales at home was founded in 1969, is the second largest. Zotye – smaller-scale manufacturer, which began work in 2005. Dongfeng is a major player in the Chinese market – sales at home was founded in 1969, is the second largest. Zotye – smaller-scale manufacturer, which began work in 2005.

SKD Dongfeng vehicles under the brand names and Zotye will be carried out at the facilities of the special economic zone “Alabuga” in Tatarstan, according to RBC. Talks about the organization of production are in the final stage.

While we are talking about the assembly of two cars – hatchback Dongfeng H30 Cross, which Drom.Ru detail wrote in April 2014, and the sedan Zotye Z300. The planned maximum production capacity – 7,000 cars a year.

Dongfeng is a major player in the Chinese market – sales at home was founded in 1969, is the second largest. Zotye – smaller-scale manufacturer, which began work in 2005.

The total volume required to run the investment is estimated at 191 million rubles, which will provide SEZ resident and operator of the project – “Alabuga-motors.” China also plans to invest the money – before it was about $ 500 million from Dongfeng – but so far the exact figures are not reported.

In addition to these two companies “Alabuga-Motors” cooperating with Chinese firms Jonway and BAIC, but about the prospects for their participation in the project information yet.

Residents of the special economic zone “Alabuga” get such preferences as preferential income tax at a rate of 2% for the first five years and 7% – the next five years. In addition, they are ten years old are exempt from land, property and vehicle taxes.

Note that in 2014 it became aware of the plans of Chinese companies Great Wall and Lifan build its own plant in Russia. Last September, the company Chery launched their production facilities to Derways in Cherkessk, and in early January of intent to create the assembly site in the Russian Federation officials said another company from China – Guangzhou Automobile Group.

Chinese company Dongfeng and Zotye will collect their cars in Tatarstan