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Fengquan Next 5-Year Global Investment StrategyJul 07, 2025

Global Market Expansion Strategy:
Invest in Operating SKD Plant in South Korea

Investment Scale:
Construction of a battery pack factory with SKD assembly lines, testing facilities, and an outdoor test track.

SKD Plant Operation Plan:
Battery Pack Assembly Line → Complete Vehicle Assembly Line → Inspection → Shipment

Obtain Certificate of Korean Origin:

  1. Apply duty-free access to 59 countries (e.g., USA, Europe, South America, Southeast Asia) under Korea’s FTA tariffs.

Establish Fengquan’s Strategic Hub in South Korea:

  1. Found Fengquan R&D Center:
    Integrating Korea’s design excellence with China’s high-quality manufacturing capabilities.

  2. Establish Overseas Subsidiaries under DV Group & Develop Global Marketing HQ:
    (Operations established in Philippines/Czech Republic/Canada)