# Tuopu Group plans $235M NEV parts plant in Chongqing

Tuopu Group announced plans to invest CNY 1.5 billion (USD 235 million) over five years to build a new plant in Chongqing, China, to manufacture components for new energy vehicles. The first phase will include a lightweight chassis system and vehicle interior sound insulation system.

- Type: New facility
- Announced: 2021-12-22
- Where: Chongqing, China
- Value: $235.0M (1.50B CNY)
- Status: announced
- Products: lightweight chassis systems, vehicle interior sound insulation systems, electronic and thermal management systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Tuopu Group](https://endata.com/companies/51559.md)

## Sources

- [www2.yicaiglobal.com](https://www2.yicaiglobal.com/news/china-tuopu-soars-after-setting-out-usd235-million-plan-for-new-nev-parts-plant), 2021-12-23: "Tuopu signed an agreement with the Shapingba district government of Chongqing, the largest municipality in southwestern China, where the plant will be built."

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