The intelligent industrial park of Weltmeister's NEVs. [Photo/thepaper.cn]
Wenzhou is also bringing in new projects to stimulate the new energy industry.
For example, agreements for 12 new energy projects receiving 125.8 billion yuan in investment were signed on April 28 and are expected to generate 188.9 billion yuan in combined annual output.
Among the projects is a 43-billion-yuan floating carbon neutral headquarters facility for wind power generated from deep waters and high seas in Wenzhou. The project will center on the wind power generator manufacturing industry while bringing in supporting enterprises for the industrial chain.
A number of traditional and emerging industries also expressed eagerness to boost the development of new energy in Wenzhou.
For example, Chinese automaker Weltmeister came to Wenzhou and established an intelligent manufacturing base at the Oujiang River Estuary, making it the first rising automaker to build its own factory
The new base helped Wenzhou strengthen auto research and manufacturing and it has since then attracted a number of companies to help enrich the city's new energy vehicle industrial chain.
Wenzhou's NEV industry is currently capable of manufacturing 12 types of more than 5,000 series of products. There are also 11 provincial-level intelligent workshops and 14 provincial-level enterprise technology centers in the city.
