Nanjing Yueboo plans $146M phase II NEV powertrain plant in Nanjing

Nanjing Yueboo will invest CNY1 billion ($146 million) to build the second phase of its new energy vehicle powertrain plant in Nanjing's Pukou Economic Development Zone. Groundbreaking is set for before end of 2019, with completion by end of 2022.

“The project will help Yueboo position itself rationally in pure electric passenger vehicle powertrain R&D and industrialization.”yicaiglobal.com

• 1 source
• yicaiglobal.comYueboo Plans USD146 Million Phase II NEV Powertrain Project in East ChinaTang ShihuaSep 4, 2018

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