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KYMCO EXPANDS IN CHINA

Leading Taiwanese scooter, motorcycle and ATV manufacturer KYMCO has begun construction of a new R&D facility and production plant at Changzhou — known as the “Dragon City” — in mainland China.

This project is being developed in conjunction with KYMCO’s established Chinese joint-venture partner Kwang Hsing Precise Machine. It will feature a 93,000 sq-metre complex of buildings at a cost of about £110m and have an annual production capacity of 320,000 units.

Founded in 1963 as a Honda JV components manufacturer, KYMCO — the Kwang Yang Motor Co — remains a privately-owned business. It is now the biggest scooter manufacturer in Taiwan and fifth-largest in the world. Current overall branded production is around 600,000 units per year. The company also provides engines and scooter technology, as well as contract manufacturing, to both BMW Motorrad and Kawasaki.

KYMCO’s relationship with state-owned Kwang Hsing in China dates back to 1994 and they already have JV factories in Shanghai, Changsha and Chengdu.

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