Continental boosting Hefei, China PCR capacity to 14 million tyres a year
In late April Continental concluded an investment agreement with the Hefei provincial and local governments in China, and has now unveiled plans to significantly expand its passenger car tyre factory there. Annual production capacity will rise from the current level of 5 million tyres per year to 14 million by 2019. In addition, bicycle tyre production in Hefei will be boosted from around 2 million units per annum to 13 million pieces by 2025.