Huzhou city started 22 major projects, amounting to 7.4 billion yuan

Twenty two projects with a total investment of 743 billion yuan in Nantaihu New District, Huzhou, Zhejiang Province, started construction recently.

Twenty two projects with a total investment of 743 billion yuan in Nantaihu New District, Huzhou, Zhejiang Province, started construction recently.

It includes Evergrande Group’s investment of a 15-billion-yuan new energy vehicle electric drive system project with an annual output of 500,000.

The project covers an area of 450 acres, including research and development centers on three-in-one central motor powertrain technology, the motor and automatic driving technology, the motor and battery inheritance and related workshops.

Its estimated annual production output value is 12 billion yuan.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/24/huzhou-city-started-22-major-projects-amounting-to-7-4-billion-yuan/.

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