ZF breaks ground on electric axle drive plant in Shenyang

ZF held a groundbreaking ceremony for a new energy vehicle eDrive plant in Shenyang, Liaoning province, with an investment of over 1 billion yuan ($140 million) and expected to employ around 900 people. The plant will produce electric axle drives.

“This new project demonstrates that we are keeping up investment and innovation in China, and we are determined to work with partners across the industry to promote the development of new energy vehicles and to achieve carbon neutrality.”chinadaily.com.cn

• 1 source
• chinadaily.com.cnGerman automaker breaks ground on axle plant - Chinadaily.com.cnWu YongJun 13, 2023

Summarized from public sources; check the original articles before acting on it.