# Green Control breaks ground on $5B electric drive system plant in Suzhou

Suzhou Green Control Transmission Technology Co., Ltd. held a groundbreaking ceremony for its Green Control New Energy Commercial Vehicle Electric Drive System Headquarters R&D and Manufacturing Project (Phase I) in Wujiang Development Zone, Suzhou. The total investment is 5 billion yuan, with Phase I costing 716 million yuan, aiming for an annual capacity of 400,000 sets of commercial vehicle electric drive systems.

- Type: New facility
- Announced: 2024-11-02
- Where: Wujiang Development Zone, Wujiang District, Suzhou City, Jiangsu Province, China
- Value: $690.0M (5.00B CNY)
- Status: under construction
- Capacity: 400,000 sets per year of commercial vehicle electric drive systems
- Products: new energy commercial vehicle electric drive systems, electric drive axle systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Suzhou Green Control Transmission Technology Co., Ltd.](https://endata.com/companies/80957.md)

## Sources

- [xindamotor.com](https://www.xindamotor.com/news/with-an-investment-of-5-billion-yuan-another-electric-drive-enterprise-in-suzhou-started-construction/), 2024-11-14: "The total investment of the project is as high as 5 billion yuan, and it is committed to the research and development and manufacturing of electric drive system products for new energy commercial vehicles."

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