Beijing Automotive Industry Holding (BAIC) is evaluating construction of a site to make vehicles on the basis of Saab technology it acquired last year.
According to Chinese reports, BAIC’s new plant could have a yearly capacity of 300,000 models following its purchase of design rights for several Saab vehicles in 2009.
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BAIC was one of the bidders for Saab when GM said it wanted to sell the brand last year. Supercar maker Spyker eventually purchased the brand.
BAIC paid US$200m to purchase technology from GM Saab unit.
The Chinese company agreed to buy vehicle platforms from Saab to help develop its own models and to reduce its reliance on partners Hyundai and Daimler.
