The joint venture between the Chinese FAW Group and the American Silk EV has chosen Reggio Emilia and, specifically, the hamlet of Gavassa as a site in the Italian Motor Valley to build its new factory. Plug-in hybrid and electric premium supercars will be built here for an investment of one billion euros.
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MOTOR VALLEY ITALIANA < p>Within an area that extends for about 320 thousand square meters, it will be built the plant and the Design, research, development & amp; Silk-FAW innovation Center . In this production site will be born models such as the Hongqi S9 which is; recently unveiled, whose design & egrave; was made by Walter De Silva. Reggio Emilia & egrave; was chosen by virtue of & ugrave; of some of its important characteristics such as skills in the field of mechatronics and robotics and centrality; geographic.
Indeed, the area of Gavassa is located just 9 km from the high-speed train station; of Reggio Emilia. Furthermore, in just 40 minutes by car you can arrive in Milan and in just 20 minutes in Bologna. Once the place where to build the plant has been identified, the joint venture will be able to continue in his project that will allow; to create over 1,000 new jobs. This is excellent news given the certainly not happy moment on the economy front following the crisis generated by the pandemic. If there are no hitches, the activities they should start in 2023.
From the outset, the joint venture had targeted the Italian Motor Valley. It is an industrial district that includes the provinces of Ravenna, Bologna, Modena, Reggio Emilia and Parma made up of 16,500 companies and capable of generating annual turnover of 16 billion euros and an export of 7 billion euros. Inside we find reality; important such as Lamborghini, Dallara, Ducati, Ferrari, Haas, Magneti Marelli, Maserati, Pagani and Toro Rosso. Stefano Bonaccini , president of the Emilia-Romagna Region, commented:
Emilia-Romagna is chosen to carry out a worldwide project. Two international groups, one Chinese and one American, decide to join and invest here for numerous reasons: professionalism; present, the regional networks of high technology and technopoles, which see our universities together; and the world of production, innovative supply chains, specialist training and digital infrastructures that are strengthened around the Big Data Technopole in Bologna and the Emilia-Romagna Data Valley. We have focused on research and development, on innovation and knowledge, just think of Muner, the university; Automotive International that every year calls hundreds of young people from all over the world to Emilia-Romagna, and today we are reaping the benefits of those choices. Therefore, Emilia-Romagna wins, and with it the country, demonstrating its ability; to restart that we want to field at the most & ugrave; soon, with the goal of good employment and sustainable development, in line with the Pact for Work and Climate signed with all the social partners.
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