CRRC's medium and low voltage power device industrialization project started, with a total investment of nearly 5.9 billion yuan

CRRC Corporation Limited has launched a medium and low voltage power device industrialization project with a total investment of nearly 5.9 billion yuan in the Yixing Economic Development Zone in Wuxi, Jiangsu. The project aims to strengthen the independence of core components in the field of new energy vehicles. It is expected to be fully put into mass production next year. After reaching full production, it will be able to meet the demand for 3 million new energy vehicles or 300GW new energy power generation installed capacity per year.