Report: Beidou Auto to invest 20 billion yuan in NEV production-Shanghai Metals Market

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

Industry News 10:57:13AM Mar 29, 2019 Source:SMM

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.

 

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

Industry News 10:57:13AM Mar 29, 2019 Source:SMM

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.