Tianjin Pengling Group's Jiangsu Pengling New Energy Thermal Management Project officially commenced production in the Taizhou Port Economic Development Zone on July 20, marking a significant milestone in the region's push for advanced manufacturing and sustainable automotive solutions.
With a total investment of 600 million yuan ($83.89 million), the project is expected to generate 2 billion yuan in annual output and create 300 jobs, establishing it as Pengling Group's second-largest production base after its Tianjin headquarters.
The project comprises two key components: thermal management modules and pipelines. The modules build on traditional mechanical products, incorporating cutting-edge technologies such as electronic control development, motor design, and system integration, positioning the products at the forefront of the industry.
The thermal management pipelines represent a technical upgrade from Pengling's traditional rubber products, achieving full-process production with nylon and TPV (Thermoplastic Vulcanizate) materials. These advancements enable Pengling to supply the entire industrial chain for leading automakers, including BYD, Geely, NIO, Leapmotor, and SAIC (Shanghai Automotive Industry Corporation) Volkswagen.
This landmark project not only strengthens Taizhou Port EDZ's role as a hub for high-tech manufacturing but also reinforces its commitment to driving innovation in the new energy vehicle sector.