The “Building a Car†plan of the largest PV manufacturer in China has surfaced. On August 12th, the domestic photovoltaic leading enterprise GCL Group Co., Ltd. (hereinafter referred to as “GCL Groupâ€) signed a cooperation agreement with Shanghai Tongjie Technology Co., Ltd. (hereinafter referred to as “Tongjieâ€), the largest independent automobile design company in China. The two sides will jointly establish a new energy vehicle vehicle base in Suzhou High-tech Zone.
It is understood that the total investment of the project will exceed 10 billion yuan, and the annual production capacity will reach 1 million units after the base is put into production. According to the agreement, Tongjie will migrate to Suzhou High-tech Zone and establish Suzhou Tongjie Automotive Engineering Technology Co., Ltd. The company consists of four core R&D departments of R&D, process engineering, mold and trial production. It will serve as the headquarters of Tongji Automobile Industry Group and the main body of the future listing, and will also establish the headquarters of Tongjie New Energy Automobile Sales.
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