# 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.

- Type: Expansion
- Announced: 2025-09-09
- Where: Fenhu High-tech Zone, Wujiang District, China
- Value: $70.0M (500.0M CNY)
- Status: under construction
- Capacity: 100,000 PMS traction machines per year
- Products: permanent magnet synchronous traction machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Suzhou Monadrive Equipment Co., Ltd.](https://endata.com/companies/87467.md)

## Sources

- [english.wujiang.gov.cn](https://english.wujiang.gov.cn/wujiang/news/202509/e92cc1d30a5a41d494104a290433ce78.shtml), 2025-09-15: "The groundbreaking ceremony for Monadrive's capital increase and expansion project was held in Fenhu High-tech Zone of Wujiang District on September 9."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.