Luxgen

Luxgen Motor (Hangzhou) Co., Ltd. is a joint venture between Taiwan’s Yulon Group, the island's largest automotive company, and Mainland partners. Positioned as an innovative and independent brand, Luxgen produces intelligent luxury vehicles including MPVs, SUVs, and compact sedans. Yulon Group, established in 1951, is one of Taiwan’s top ten conglomerates with major interests in automotive, textiles, casting, and real estate. The Luxgen facility in Xiaoshan, Hangzhou, covers 1,118 mu and represents a total investment of 3.94 billion RMB. It was initially designed for an annual capacity of 240,000 vehicles, with phase-one capacity at 120,000 units. Supporting projects include engine production (200,000 units/year) and a vehicle R&D center. Within five years, the company aims for annual sales of over 200,000 units and revenue of 25 billion RMB. In ten years, it targets 100 billion RMB in output value, aiming to rank among China’s leading automotive companies.