Leapmotor launches new energy vehicle battery pack project in Huzhou

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Wuxing District, Huzhou, Zhejiang Province held a groundbreaking ceremony for the Leapmotor new energy vehicle battery pack project on February 8. The project plans to invest a total of 1.5 billion yuan, covers an area of 178 acres, and will build 8 vehicle power battery production lines (module production lines and PACK production lines) and 4 power supply production lines. It is expected that after the project is completed, it will have an annual production capacity of 384,000 sets of vehicle batteries and 720,000 sets of power supplies, achieve annual sales revenue of approximately 6.4 billion yuan, and pay 54 million yuan in taxes.