# Tuopu Group to build NEV core parts manufacturing base in Huzhou, China

Ningbo Tuopu Group signed an investment agreement to build a new energy vehicle (NEV) core component manufacturing base in Changxing county, Huzhou city, Zhejiang province, China. The company plans to invest at least 2 billion yuan ($278 million) in the facility, which will produce lightweight chassis, lightweight car body, interior functional parts, and automotive electronics for NEVs.

- Type: New facility
- Announced: 2022-10-13
- Where: Changxing county, Huzhou, Zhejiang, China
- Value: $278.0M (2.00B CNY)
- Status: announced
- Products: lightweight chassis, lightweight car body, interior functional parts, automotive electronics for NEVs
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Ningbo Tuopu](https://endata.com/companies/25321.md)

## Sources

- [autonews.gasgoo.com](https://autonews.gasgoo.com/articles/news/chinas-tuopu-group-to-build-nev-core-parts-manufacturing-base-in-huzhou-city-70021492), 2022-10-13: "The company intends to invest no fewer than 2 billion yuan ($278.203 million) in building a new energy vehicle (NEV) core component manufacturing base in Changxing county, Huzhou city."

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