On June 15, 2014, Loudi Hualing ArcelorMittal Automotive Sheet Co., Ltd. (VAMA) automotive panel project was officially put into operation. Hualing ArcelorMittal Auto Sheet Project is a major investment project approved by the state. After the project is fully put into production, it will become China's largest auto sheet production base, occupying 10%-15% of China's light vehicle steel market. Share.
The production volume of ArcelorMittal's automotive sheet project in 2014 was approximately 300,000 tons. The first phase of the project will be completed this year, with an annual output of 800,000 tons of cold-rolled coils, 200,000 tons of aluminized coils and 500,000 tons of hot-dip galvanized coils, which will provide strong support for the development of Hunan's automobile industry. With lightweight automotive steel solutions, vehicle emissions will be further reduced and environmental pollution from vehicle exhaust will be reduced.
In addition to the sound development of the upstream and downstream projects of the automotive industry chain, the popular new energy vehicles also have unique advantages in Loudi. Loudi Dafenghe Electric Vehicle Co., Ltd. aims at the pure electric vehicle consumer market such as classic cars, small pure electric vehicles and sightseeing electric vehicles, and builds an electric vehicle production base with an annual output of 25,000. The ultra-miniature four-wheel electric vehicle produced by the company has a single-charge cruising range of nearly 200 kilometers, which meets the needs of the middle and low-end consumer groups.

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