Jiangsu Zhikong drive motor manufacturing line has completed commissioning and is expected to reach full production in October

Jiangsu Zhikong Drive Technology Co., Ltd., located in the High-tech Zone, is conducting intelligent linkage debugging of motor manufacturing lines and controller manufacturing lines. The project, invested by Shanghai Zhikong Drive Technology Co., Ltd. with 500 million yuan, includes 9 new energy vehicle motor and electronic control manufacturing production lines. It is planned to complete the debugging at the end of April and achieve full production in October. In September 2023, Shanghai Zhikong Drive Technology Co., Ltd. (hereinafter referred to as "Shanghai Zhikong") completed a round of nearly 100 million yuan of financing jointly invested by Guozhi Fund managed by Saize Capital and Yueda Automobile Group. Major customers and partners include Yueda Group and Chery Automobile, Weiqiao Xiaodian, Nezha Automobile, Chunfeng Power, Hongri Automobile, etc.