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Aug 27, 2024NEW FACILITYSuzhou, Jiangsu, China Inovance to build $701M NEV electrical parts plant in Suzhou
Shenzhen Inovance Technology is investing CNY 5 billion (USD 701.3 million) to build a factory for NEV electric controlling systems, power systems and general assembly parts in Suzhou, Jiangsu province. The facility will be built in stages over five years.
ProductsNEV electric controlling systemspower systemsgeneral assembly parts
“Unit Suzhou Inovance Automotive will construct a plant for NEV electric controlling systems, power systems and general assembly parts in Suzhou, eastern Jiangsu province.”yicaiglobal.com
- 2 sources
- yicaiglobal.comChina’s Inovance Jumps on Plan to Build USD701.3 Million NEV Electrical Parts PlantTang ShihuaAug 27, 2024
- autotechinsight.spglobal.comInovance invests $701.3 million in new NEV parts factory in mainland China - Automotive Technology Insight | Forecasts | Industry News | Supply ChainAug 28, 2024
Summarized from public sources; check the original articles before acting on it.
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