Jiangsu Zhikong electric drive project has been put into production

Jiangsu Zhikong's electric drive project has been fully put into production with a total investment of 500 million yuan. The project aims to produce new energy vehicle motors and electronic controls, and is expected to achieve annual sales of 500 million yuan after full production. Wang Dong, general manager of Jiangsu Zhikong, said that after 8 months of hard work, the company has now fully put into production. The production line adopts four modern digital management systems, with a yield rate of 99.8%, a 30% increase in production efficiency, and an annual production capacity of 500,000 units. In the next five years, Jiangsu Zhikong plans to promote the development of new energy vehicles and their key components in Yandu District, and strive to achieve a comprehensive output value of 2 billion yuan.