Wolong Electric Drive invested in the construction of a permanent magnet motor industrial park in Baotou to promote the development of the local rare earth industry

Wolong Electric Drive, the country's largest permanent magnet motor manufacturer, has invested in the construction of a permanent magnet motor industrial park in Baotou City. The project plans to build production lines for 50,000 new energy vehicle motors, 30,000 low-speed, high-torque permanent magnet motors, 1,300 direct-drive wind turbines, and supporting rare earth permanent magnet motor precision casting production lines. It is expected that equipment installation and trial production will be completed before the end of the year.