In China, a tire mega-factory is being built

Gubersail Tire (Jiangsu) Co., Ltd. is building a tire megafactory in Huai'an, Jiangsu, China, worth 10 billion yuan (1.4 billion dollars), which will be able to produce 15 million passenger car tires per year in the first phase, and after reaching full capacity - 30 million passenger and 3.5 million truck tires annually.

Construction began in April of this year, and it is planned to launch production in pilot mode as early as December.

Gubersail Tire was founded on October 17, 2023, and its authorized capital is 500 million yuan (68 million dollars).

Photo: Tireworld.com.