CATL and other companies jointly invest 5 billion yuan to build a new SEV smart electric vehicle

Recently, Jianfeng's new SEV smart electric vehicle headquarters, R&D center and production base project was signed in Changsha. The project is jointly invested by CATL, Jiaxing Qianji Fund Investment Co., Ltd. and others with 5 billion yuan to build a new SEV smart electric vehicle base with an annual output of 500,000 units in Ningxiang High-tech Zone. It is worth mentioning that the project will use CATL motor technology. Lu Youwen, general manager of CATL, revealed that this SEV smart electric vehicle is expected to have a range of up to 100 kilometers when fully charged, and the initial price is expected to be around 20,000 yuan, which is suitable for a variety of short-distance application scenarios such as commuting, travel, and outings.