Zhenqu Technology's new energy vehicle motor controller project settled in Fanchang

On June 14, the motor controller project for new energy vehicles of Zhenqu Technology was successfully signed in Fanchang Economic Development Zone. The total investment of the project is 1 billion yuan, and it is planned to build a production line with an annual output of 900,000 motor controllers for new energy vehicles and 450,000 power bricks. The establishment of the project will contribute to the development of the new energy vehicle industry in Fanchang District. It is expected that the construction of the first phase of the project will start in July 2024 and officially go into production before the end of October of the same year. Zhenqu Technology has successfully expanded many well-known overseas customers including Volvo, Schaeffler, India's Tata, Germany's Volkswagen, Engiro, and Deutz.