On March 17, during the 2017 China Jinhua New Energy Auto Show, Jinhua City and Geely Group held the signing ceremony for the project of Zhejiang Hengyuan Power Battery Phase II and Hengyuan Battery Research Institute. Fu Lichang, deputy mayor of Jinhua City, attended the ceremony. Jinhua is a major automobile and motorcycle industry in China. There are 106 companies in the automobile manufacturing industry. The products cover traditional fuels, new energy, special-purpose special vehicles, as well as engines, gearboxes, wheels, motors, electronic controls and batteries. The main automobile and motorcycle with key components and many other fields. Jinhua is also the first batch of demonstration cities for the promotion and application of new energy vehicles in the country. It is the prefecture-level city with the most promotion and application of new energy vehicles in the country (as of the end of 2016, 4,460 new energy vehicles have been promoted). On April 14 last year, the Geely Hengyuan Power Battery Assembly project started construction in Jinhua New Energy Automobile Town. It is expected to start trial production in August this year. The signing project will build a world-leading R&D and manufacturing base for green, high-energy and low-carbon automotive power batteries, and create a characteristic town with a strength of 10 billion. It has a huge demonstration effect and promotion. Midea , https://www.mideagroups.com
Jinhua City signed a contract with Geely Group for power battery and research institute project