Here are the largest automotive construction projects initiated globally in Q2 2022, according to GlobalData’s construction projects database.

1. Changchun New Energy Vehicle Manufacturing Plant – $5,223m

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The project involves the construction of a new energy vehicle (NEV) manufacturing plant in Changchun, Jilin, China.

Construction work started in Q2 2022 and is expected to be completed in Q4 2024.

The project aims to increase production capacity to meet the growing demand for NEV in China.

2. Debrecen Vehicles Assembly Plant – $1,200m

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The project involves the construction of a vehicle assembly plant to handle a capacity of 150,000 cars per year on a 400ha of land in Debrecen, Hungary.

Construction work commenced in Q2 2022 and is expected to finish in Q4 2025.

The project aims to build both standard internal-combustion cars and electrified models on the same line. It will create 1,000 new jobs.

3. Guangzhou New EV Production Plant – $521m

The project involves the construction of a new energy vehicle (NEV) manufacturing plant in Jianyang, Sichuan, China.

Construction work started in Q2 2022 and is forecast to complete in Q3 2024.

The project aims to increase production capacity to meet the growing demand for NEVs in China. It will be a highly efficient, smart, and low-carbon EV plant.

4. Timisoara EV Battery Manufacturing Plant Expansion – $226m

The project involves the construction of a 20,000m2 EV battery plant in Timis, Romania.

Construction work commenced in Q2 2022 and is expected to be completed in Q2 2024.

The aim of the project is to expand the existing factory by building a zero energy facilities and to meet the growing demand for EV batteries.

5. Geelong Armoured Vehicle Centre of Excellence Manufacturing Facility – $125m

The project involves the construction of a 32,000m2 armored vehicle center manufacturing facilities in Geelong, Victoria, Australia.

Construction work started in Q2 2022 and is expected to be completed in Q4 2024.

The project aims to produce a fleet of locally built and maintained self-propelled howitzers for the Australian army. It is expected to generate $147 million in flow-on investment, more local jobs, and export opportunities from the development.

Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.

Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.