# Noblelift breaks ground on CNY 2.36B smart logistics equipment factory

Noblelift Group held a groundbreaking ceremony on March 29, 2024, for its 'Noblelift Smart Logistics Equipment Future Factory' project in Changxing, Zhejiang. The project has a total planned investment of 2.36 billion yuan (fixed asset investment 2.01 billion yuan) and will produce 50,000 new energy forklifts annually, with an estimated annual output value of 3 billion yuan.

- Type: New facility
- Announced: 2024-03-29
- Where: Lüshan万亩平台, Changxing Economic and Technological Development Zone, Zhejiang, China
- Value: $327.0M (2.36B CNY)
- Status: under construction
- Capacity: 50,000 new energy forklifts per year
- Products: new energy forklifts, smart logistics equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Noblelift](https://endata.com/companies/33071.md)

## Sources

- [nobleliftgroup.com](https://www.nobleliftgroup.com/news/news-detail-928.htm), 2024-04-02: "诺力智能物流装备未来工厂项目由诺力集团投资建设，项目计划总投资23.6亿元，固定资产投资20.1亿元，用地面积约240亩。"
- [en.nobleagv.com](https://en.nobleagv.com/news/447.html), 2024-06-21: "In the morning of March 29th, the groundbreaking ceremony of 'Noblelift Intelligent Logistics Equipment Future Factory' project was held in Lushan Wanmu Platform of Changxing Economic and Technological Development Zone."

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