China’s JMEV to begin construction of EV plant in Serbia
China’s electric vehicle manufacturer JMEV is set to begin construction of a new EV production plant in Serbia this summer. The project marks a significant investment in the country’s automotive sector and aligns with Serbia’s efforts to attract foreign investment in green technology and sustainable transportation.
JMEV, a subsidiary of Jiangling Motors Corporation (JMC), specializes in electric vehicles and is expanding its footprint beyond China as demand for EVs continues to grow globally. The new plant in Serbia will serve as a strategic hub for the company’s European operations, facilitating production and distribution across the region.
The decision to build the facility in Serbia follows a trend of Chinese automakers investing in European markets to strengthen supply chains and meet regulatory requirements for electric mobility. The Serbian government has actively supported foreign investments in the automotive industry, offering incentives and infrastructure support to attract manufacturers.
Once operational, the plant is expected to contribute to Serbia’s economic growth by creating jobs and integrating local suppliers into the EV production process. The project also aligns with broader European initiatives to promote cleaner transportation and reduce carbon emissions.
JMEV’s expansion into Serbia reflects the growing role of Chinese automakers in the global EV market. With construction set to begin in the coming months, the new facility is positioned to enhance the company’s presence in Europe and support the region’s transition to electric mobility.