# Castor Aluminum begins trial production of RMB 1B new energy-vehicle parts project

Castor Aluminum (Chongqing) Technology has started trial production for its RMB 1 billion project to produce 1 million sets of lightweight, integrated moulding new energy auto parts annually. Located in Chongqing, the project will create 1,000 jobs and is expected to reach full capacity with a second phase by end of 2026.

- Type: Expansion
- Announced: 2024-06-28
- Where: Chongqing (Wansheng) Inland Waterless Port Low-Carbon Industrial Park, China
- Value: $138.0M (1.00B CNY)
- Jobs: 1,000
- Starts operating: 2026
- Status: under construction
- Capacity: 1 million sets of lightweight, integrated moulding new energy auto parts per year
- Products: aluminium alloy subframes, battery trays, body structures
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Castor Aluminum (Chongqing) Technology](https://endata.com/companies/78713.md)

## Sources

- [alcircle.com](https://www.alcircle.com/news/castor-aluminum-starts-the-trial-production-of-its-rmb-1-billion-new-energy-vehicle-parts-project-111488), 2024-07-19: "We will accelerate the construction of the project and strive to start construction of the second phase of the project in 2025 and complete and put it into operation by the end of 2026."

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