Baoneng starts construction of NEV Industrial Zone in Guangzhou

On December 26 the Baoneng Group (Baoneng) started construction of its New Energy Vehicle (NEV) Industrial Zone in Guangzhou.
The first phase of the construction is scheduled to have an annual capacity for 500,000 NEVs, exceeding an output value of CNY 100 billion. The total investment in the plant will be CNY 30 bil....

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