BAIC Group’s Foton Motor Celebrates Milestone with 700,000th Vehicle Production
Beijing (Gasgoo)- On July 30, 2024, Foton Motor, the commercial vehicle arm of BAIC Group, marked a significant achievement as its Global Multipurpose Vehicle Center Factory rolled off its 700,000th vehicle.
Photo credit: Foton Motor
Foton Motor’s commitment to technological innovation and increased R&D investment has been a cornerstone of its success, with a primary focus on Beijing. The company has established 18 R&D centers globally, concentrating on advancements in new energy vehicle technology, intelligent connected vehicle technology, energy-saving technology, and lightweight technology. Foton Motor has also made significant strides in smart manufacturing, implementing a comprehensive intelligent manufacturing system that spans the entire commercial vehicle and component industry chain. With an annual production capacity of 800,000 vehicles and a network of 21 domestic and 22 overseas KD factories, Foton Motor has achieved a robust global industrial layout.
The Foton Motor Global Multipurpose Vehicle Center, situated in Weifang, Shandong province, serves as a hub for R&D, production, testing, logistics, and customer engagement. Adhering to German Industry 4.0 standards, the factory leverages intelligent robots and advanced production processes. Its highly automated, flexible, and eco-friendly production lines enable large-scale mixed-model manufacturing. Since its inception in August 2012, the center has produced 700,000 vehicles, generating over 70 billion yuan in sales revenue. In 2023 alone, the factory’s output value reached 9.35 billion yuan, with products exported to 35 countries and regions.
