Evergrande has invested 15 billion in new projects!

A few days ago, 22 projects with a total investment of 74.3 billion yuan in the South Taihu new area of Huzhou, Zhejiang Province, including the electric drive system project with an annual output of 500000 new energy vehicles invested by Evergrande group with a total investment of 15 billion yuan.
The project covers an area of 450 mu, including the central motor three in one powertrain technology research and development center, motor and automatic driving technology research and development center, motor and battery inheritance research and development center and related workshops, with an estimated annual output value of 12 billion yuan.
Evergrande new energy vehicles have built a whole industry chain covering vehicle manufacturing, electric motor control, power battery, automobile sales, smart charging, shared travel, etc. Shi Shouming, chairman of Evergrande health, said that a number of vehicle production bases in Guangdong, Shanghai, Tianjin, Liaoning and other places are under construction, with a total planned production capacity of 1 million vehicles in the first phase. Among them, Nansha bases in Guangzhou and Songjiang in Shanghai will be completed in the second half of the year. They are planned to be put into operation in 2021, with the planned production capacity of 200000 vehicles in the first phase.