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Foton Latest News

  • The facility will be commissioned by August 2023 with a capacity to produce 2,500 electric CVs per annum, with commercial production to kick start by October 2023.
    PMI To Setup Its Largest Electric Commercial Vehicle Manufacturing Plant In Pune
  • The recent face-off between the Indian and Chinese soldiers in the Galwan Valley in Ladakh has started to show effect outside the border. As the sentiment to boycott Chinese products has been gaining traction, the Maharashtra government has announced that it has decided to hold back three Chinese investments in the state. These include the investments from Great Wall Motors (GWM), BeiqiFoton Motor and Hengli Engineering. The major investments worth Rs. 5000 crore were announced as part of Magnetic Maharashtra 2.0 last week, and saw the GWM sign a virtual Memorandum of Understanding (MoU) with the state government.
    Maharashtra Government Puts Investments Of Great Wall Motors & Other Chinese Companies On Hold
  • The new range of products will be manufactured in the Piaggio Group's Italian factories, using the existing lines dedicated to the current production.
    Piaggio And Foton Sign Final Contract For New Range Of LCVs