The new plants are to be set up in the eastern Chinese cities of Tianjin and Qingdao.
The automaker also plans to expand production capacity at its plant in Chengdu in western China to 600,000 vehicles per year, Reuters said.
With the stock market in full gear, luxury cars are having their moment in the sun.
German officials raided a law firm that Volkswagen hired in the wake of its diesel emission scandal.
The supervisory panel came to the conclusion following a review of the company's diesel emmissions test scandal.
Alphabet's top line could take a hit in 2017 as a result of AT&T, Verizon and other advertisers pulling ads from YouTube.