VMware's production capacity expansion plan

Faced with the huge demand of Geely Group for new energy vehicle batteries, Weirui Electric is actively expanding its production capacity. At present, Weirui Electric has four factories in China, located in Quzhou, Hangzhou, Ningbo and Zaozhuang. Among them, the Quzhou factory has the largest production capacity task, with an annual production target of 48GWh power cells, 840,000 sets of new energy battery packs, 1.21 million sets of electric drives, and 17GWh energy storage systems. In order to meet future demand, Weirui Electric plans to achieve a revenue target of over 100 billion yuan in 2025.