Major project launched to boost Guangzhou's auto sector

A major project has been launched in Guangzhou, the capital of South China's Guangdong province, to research and develop intelligent driving control systems. This project is part of the city's efforts to promote high-quality development of its auto industry.

A launching ceremony was held in the city's Nansha district on Sept 16, signaling the project operator, Lisheng Technology, to commence implementation. This project is expected to have a total investment of around 3 billion yuan ($411 million).

The project, relying on the strong brand support and robust research capabilities of GAC Group along with the intelligent manufacturing expertise and global supply chain management of Luxshare Precision, aims to create a cutting-edge intelligent manufacturing system.

Once completed, the project will manufacture products such as automotive wire harnesses, electric vehicle charging guns, high-voltage wire harnesses, vehicle-to-vehicle connectors, and intelligent driving domain controllers, while also providing related services. This will further promote the high-quality development of the automotive industry in Nansha district.

This project is set to begin mass production by 2024. It is projected that the project will achieve an output value of around 10 billion yuan after reaching full production, subsequently driving the development of upstream and downstream industrial chains along with supporting industries, and creating more than 1,000 job opportunities.

The project is based in Wanqiansha town in Nansha district, where is known for its advanced manufacturing clusters in areas like semiconductor chips and new energy vehicles.

A rendering of the project. [Photo/WeChat account: nanshafabu]