Manufacturing Facilities in Russia, India, Brazil, Mexico and Indonesia
Foton Motor Sales (Russia) Co., Ltd in Russia on June 24, 2010
Current & On-going
Foton’s comprehensive strategy is currently ongoing. The first step is underway, building manufacturing facilities in Russia, India, Brazil Mexico and Indonesia with annual capacity of 100,000 units each will be setup in the near future in order to execute the second step, breaking through into North America, the European Union, Japan and South Korea. Finally, to coordinate its global expansion, in China, Foton will found a global headquarters, global innovation center and a management and operations center.
Foton established Foton Motor Sales (Russia) Co., Ltd in Russia on June 24, 2010. After the completion of Russian factory, Foton’s automobile products will capable of being sold across Europe.
The Foton India business unit was established in India and this business unit, Foton along with Maharashtra Industrial Development Corporation of India, entered into a Memorandum of Understanding to build an automotive industrial park in Maharashtra. As the fourth largest commercial vehicle market in the world, Maharashtra, India will become a strategic overseas location for Foton. Maharashtra also marks the first time Foton invests in an overseas factory as an independent investment. The factory in Maharashtra is a critical component necessary for Foton to execute its comprehensive strategy.