Zhejiang Xinzhi Group launched a project to produce 400,000 sets of three-in-one and five-in-one motors for new energy vehicles annually

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Zhejiang Xinzhi Group's annual production of 400,000 sets of new energy vehicle three-in-one and five-in-one motor production project started construction on July 10. The project is located on the east side of the Qiansuo Glasses Small and Micro Enterprise Entrepreneurship Park in Jiaojiang, with a planned construction area of 59,669 square meters and a total investment of 1 billion yuan. The project is expected to be completed in July 2027, and after completion, it will form an annual production of 400,000 sets of new energy vehicle three-in-one and five-in-one motors.