Jianghuai Power Co., Ltd. has recently unveiled three new projects that have been approved by its Board of Directors. These include the implementation of the 2010 V348 project, the E802 engine project, and the V348A4 line mold renovation project, with a combined investment of 446 million yuan. The company emphasized that these initiatives are part of its ongoing efforts to enhance product quality, meet evolving customer demands, and comply with stricter environmental standards.
The 2010 V348 project focuses on upgrading the interior design of the current Transit V348 models and reconfiguring the seating layout to better suit modern consumer expectations. The funding will be allocated toward engineering development, mold procurement, and commissioning expenses. Meanwhile, the E802 engine project aims to upgrade the existing 4JB1 engine to meet future emission regulations. This initiative involves significant investments in engineering research, equipment acquisition, and tooling fixtures, with an expected completion date around mid-2012.
In addition, the V348A4 line mold renovation project is designed to improve production efficiency through the modernization and installation of molds for the V348A4 model. This step is crucial for maintaining competitiveness in the automotive market and ensuring smooth manufacturing processes.
Recent production and sales figures released by JAC Motor in March showed a positive trend compared to February. In March, the company produced 11,200 vehicles, marking a 10.89% year-over-year increase. Sales also rose significantly, with 125,000 units sold—a 12.61% growth compared to the same period last year. These results reflect the company’s strong market performance and growing demand for its products.
With these strategic investments and consistent performance, Jianghuai Power is well-positioned to continue its expansion and maintain its leadership in the automotive industry.
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