New-energy automobile industry prospers in Nansha

A delegation of Evergrande’s partners in the new energy vehicle industry visited Guangzhou’s Nansha on June 28. They were given an introduction to Nansha's development and the layout of its new energy automobile industry.

They also learned the basic situation of Evergrande's new energy vehicle headquarters, new energy vehicle production workshops and the world's top automobile production equipment.

The Guangzhou-based property developer Evergrande Group announced to enter the new energy vehicles sector last year. It established a joint venture with Koenigsegg, the world's leading luxury car manufacturer, to acquire strong R&D and manufacturing capabilities.

Through becoming shareholders of Dale Carnegie & Associates, e-Traction and Protean, it has acquired Japan's top technology, world-class wheel motor technology and new energy intelligent drive solutions, which are now in mass production and widely used around the world.

Guangzhou Municipal People's Government and the Evergrande Group signed a strategic cooperation framework agreement in June.

Evergrande Group will invest 160 billion yuan ($23.25 billion) in the construction of three major bases of new energy vehicles in Nansha district. And the new energy vehicle R&D and production base will merge to produce an annual output of 1 million vehicles.

The new energy battery R&D and production base will build a 50GWH production scale power battery super factory. The motor R&D and production base will build a production base for motors and electronic control systems that can support 1 million complete vehicles.

Nansha has formed three major automobile blocks in its north, central and south areas, which will become the first new energy automobile industry cluster in the Guangdong-Hong Kong-Macao Greater Bay Area.