According to multiple press releases dated March 16, a co-invested automotive intelligent electric platform project between JMC Group and Beijing Jingwei Hirain Technologies Co., Ltd. (Jingwei Hirain) in the Nanchang Xiaolan Economic and Technological Development Zone of Jiangxi Province broke ground.
With a total investment amount of around CNY 3 billion, the project is for the R&D and manufacturing of automotive electronics and New Energy Vehicle battery packs. Upon completion and commissioning of the first phase, an annual production capacity of 1 million sets of automotive electronics and 5GWh of New Energy Vehicle battery packs will be established.
From multiple press releases