Monadrive starts construction of $70M expansion in Fenhu, China

Monadrive held a groundbreaking ceremony for a capital increase and expansion project in Fenhu High-tech Zone, Wujiang District, on September 9, 2025. The project has a total investment of 500 million yuan and will add 65,000 square meters of space, producing 100,000 permanent magnet synchronous traction machines annually.

“The groundbreaking ceremony for Monadrive's capital increase and expansion project was held in Fenhu High-tech Zone of Wujiang District on September 9.”english.wujiang.gov.cn

• 1 source
• english.wujiang.gov.cnMonadrive project worth 500 mln yuan starts construction in Fenhu High-tech Zone-News-WujiangSep 15, 2025

Summarized from public sources; check the original articles before acting on it.