Report: Beidou Auto to invest 20 billion yuan in NEV production

Published: Mar 29, 2019 10:57
The base is designed with a capacity of 300,000 units

SHANGHAI, Mar 29 (SMM) – Provider of new materials and technology for new-energy vehicles (NEVs),  Beidou Auto, will invest 20 billion yuan in five years to construct an NEV production base with a capacity of 300,000 units, the subsidiary said on Tuesday March 26. 

Beidou Auto is a subsidiary of Beidou Aerospace Group.

 

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn