# 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.

- Type: Expansion
- Announced: 2018-09-04
- Where: Nanjing, Jiangsu, China
- Value: $146.0M
- Starts operating: 2022
- Status: announced
- Products: new energy vehicle powertrains, driving motors and controls, vehicle control units, intelligent pilot systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Nanjing Yueboo](https://endata.com/companies/34091.md)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/yueboo-plans-usd146-million-phase-ii-nev-powertrain-project-in-east-china), 2018-09-04: "The project will help Yueboo position itself rationally in pure electric passenger vehicle powertrain R&D and industrialization."

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