Jiangsu new energy vehicle powertrain project progresses smoothly

The total investment of the new energy vehicle powertrain project of United Automotive Electronics Co., Ltd. is 5.05 billion yuan. By the end of June, the annual investment completion rate has reached 96.9%. The project is divided into two phases. The second phase plant was completed and put into production in August last year, covering an area of ​​20 mu and a plant construction area of ​​about 20,000 square meters. The latest generation of flat wire (X-Pin) motors and silicon carbide power modules have been officially mass-produced in the workshop of the second phase factory. It is expected that the second phase will be completed as a whole by the end of August, and part of it will be put into production within the year, with planned sales exceeding 8 billion yuan. After the project is completed, it can produce 1.2 million automotive drive motors, 500,000 automotive drive axles, and 3.6 million automotive power modules annually.