Loading…
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.
Ningbo Zhenyu Technology will invest $65.9 million to construct a new factory in Debrecen, Hungary, to manufacture precision structural parts for electric car batteries. The site is expected to be operational by the end of 2027.
| Site | Largest | Latest |
|---|---|---|
| northern Serbia, Serbia | $78.8M | 2024-03-14 |
| Debrecen, Hungary | $65.9M | 2023-07-28 |