2021-11-29 500,000 units Per Year! The new production base project of LETIN New Energy Vehicles was signed in Chengdu

On the afternoon of November 29th, the signing ceremony of major industrialization projects in Chengdu was officially held. The headquarters and production base of LETIN New Energy Vehicles was signed and settled in Chengdu Economic and Technological Development Zone (Longquanyi District). The project is expected to invest 10 billion Yuan with an annual production capacity of 500,000 vehicles.  The signing project was presided over by Li Yun, vice Mayor of Chengdu. Shi Xiaolin, Secretary of CPC Municipal Committee, Wang Fengchao, Deputy Secretary of CPC Municipal Committee and Mayor of Chengdu, Xie Ruiwu, deputy Secretary of CPC Municipal Committee and other municipal Officials, as well as executives of LETIN AUTO enterprises attended the signing ceremony.  

LETIN New Energy Vehicle production base will be built on the basis of the original YEMA AUTO passenger car production base, and is committed to building a modern R&D and production base with new energy vehicle manufacturing as the core.  The new production base is planned to produce new A00 models of LETIN EV, and will gradually form a production capacity of 500,000 vehicles per year in the future.  The signing of this contract is another major move taken by LETIN since the strategic restructuring of YEMA AUTO, marking the further acceleration and deepening of LETIN's New Energy Vehicle strategy, continuously building and consolidating the brand value, and strengthening the future competitiveness of products.  

In the future, LETIN Will continue to focus on A00 New Energy Vehicles, take root in China's urban markets, provide more owners with more innovative products and services to provide excellent travel experience, carefully build good cars, and forge ahead for Chinese people's high-quality travel solid!