Great Wall Motors making a big play in Russia

Great Wall Motors has unveiled a $500 million plant in Russia, its largest ever investment overseas, marking an important step as the largest Chinese SUV maker pushes forward its globalization strategy.

The plant, located in the city of Tula, around 190 kilometers south of Russian capital Moscow, is the first overseas wholly-owned full-process manufacturing plant by any Chinese carmaker.

It conducts all production stages ranging from pressing and welding to painting and assembly. The plant also keeps parts on-site and quality control will be conducted locally.