Zhenyu to build NEV motor parts base in Serbia

Ningbo Zhenyu Technology plans to invest EUR 72 million to build a new energy vehicle motor parts production base in Serbia, producing lamination precision parts for drive motors. Construction starts June 2024, completion by end of 2028.

“Zhenyu will set up a project company in northern Serbia that will invest in and operate a base producing lamination precision parts, which are key components for the drive motor of NEVs.”www2.yicaiglobal.com

• 1 source
• www2.yicaiglobal.comChina’s Zhenyu to Build NEV Motor Parts Production Base in SerbiaTang ShihuaMar 14, 2024

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