Zhejiang Rongtai: Investing in Mexico through its Singapore subsidiary to build a new energy vehicle parts production project with an annual capacity of 500,000 sets

Golden Ten Data April 14 – Zhejiang Rongtai announced that the company, through its Singapore subsidiary, will invest in the construction of a production project in Mexico with an annual output of 500,000 sets of new energy vehicle parts. The total investment in the project is USD 10.88 million, and after reaching full production capacity, the annual output value is expected to reach RMB 200 million, with a payback period of 4.57 years.