Project of European Electric Coach Company settles down in Sino-Italian Ningbo Ecological Park
- Category: Ningbo Business
- Published: Wednesday, 01 May 2019 15:19
The administrative committee of Sino-Italian Ningbo Ecological Park signed a project investment agreement with the European Electric Coach Company on the afternoon of April 16.
The European Electric Coach Company is a subsidiary of Euracom, the prominent manufacturer of special vehicles in Germany. Since February this year, the company has made several inspections in Ningbo. After rounds of negotiation, the company has decided to settle its project down at the ecological park. Reportedly, the project aims to build a production assembly with an annual yield of 1,500 electric coaches (18 meters long). With all its products for sale abroad, the annual export volume may reach several million euros in two years after the assembly is put into operation