YOGOMOA New Energy Vehicle Technological Upgrading Project Starts with Investment of 1.8 Billion yuan

Shanghai (Gasgoo)- YOGOMO new energy vehicle technological upgrading project started construction in Qinghe County Economic Development Zone, Hebei Province. It is reported that the manufacturing base is a technological upgrading based on the original Qinghe base. The project covers an area of about 550,000 square meters, with an investment of 1.8 billion yuan.

The project has got strong support from Xingtai City and Qinghe County government. After the construction, the base will add an industrial output value of over 5 billion yuan,and the annual profits and taxes will exceed 400 million yuan, which will meet the intelligent production needs for YOGOMO new energy vehicles. This upgrading has long-term significance to YOGOMO’s development strategy of focusing on small, lightweight, intelligent, safe, and environmentally friendly vehicles.

On July 31, 2017, YOGOMO got the QS for producing new energy passenger cars from Ministry of Industry and Information Technology, marking that YOGOMO Group ushered in a new era of upgrading and transformation.

With the popularization of new energy passenger cars, governments have made a more clear access requirement for enterprises. Based on the requirement of the Ministry of Industry and Information Technology, YOGOMO eliminates backward production capacity, enhances the manufacturing process, improves the manufacturing process, expands and upgrades the existing factories. Therefore, they can build a modern, digital, and intelligent factory.

YOGOMO Group was established in 2009. Based on 9 years’ accumulation of manufacturing experience and technology development, YOMOGO steps into the field of new energy successfully. In addition, Great Wall Auto became a shareholder of YOGOMO previously. Since its establishment, YOGOMO has adhered to sustainable development mode, focusing on customers, service, internationalization and green&low-carbon. They are determined to become a travel leader as well as a internationally competitive and innovative pure electric vehicle enterprise in the new era with high-tech, high-quality, and no emission.