Shanghai (Gasgoo)- Currently, Hangzhou Fuyang District government signed a cooperative agreement with Baoneng Group, Hangzhou Xintiandi Group on a NEV project with the annual capacity of 300,000 units and Xintiandi City Complex Project.
It’s learned that Baoneng Group, headquartered in Shenzhen, is now developing into a large modernized group covering five key industries including property developments, science park, modern logistics, comprehensive finance and health care.
NEV industry will be the company’s key business in its short-term plan. Baoneng Investment Group plans to invest in a NEV project with an area of 2 square kilometers and total investment of about RMB 14b. The project will involve the production, testing, R&D of NEV and production of key parts including electric engines, batteries, electric control systems, as well as the building of headquarters.
Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods.
All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: email@example.com.