Shenyue Technology's high-performance electric drive system project was launched in Taizhou Jiangyan Economic Development Zone

Shenyue Technology's high-performance electric drive system project was officially launched in Taizhou Jiangyan Economic Development Zone. The project has a planned total investment of 10.6 billion yuan. After it is fully completed and put into production, it is expected to generate annual invoice sales of 15.5 billion yuan and tax revenue of about 640 million yuan. Among them, the first phase of the project is a high-performance electric drive system project with a planned total investment of 4 billion yuan. After the project is completed and put into production, it can produce 900,000 drive stators for new energy vehicles, aerospace vehicles, electric motorcycles, etc.