On February 28th, 65438, Beijing Automotive Group Co., Ltd. signed a contract with Changzhou Municipal Government on two projects: "Beiqi New Energy Vehicle Power Battery" and "Beiqi Changzhou Industrial Base". According to Gaishi Automobile and New Energy, BAIC Group plans to build two projects in Changzhou with a total investment of 8 billion yuan, of which the total investment of BAIC New Energy Automobile Power Battery Project is about 3 billion yuan, and the planned power battery capacity will reach 5 WHr. At the same time, the training center of _ Lake Low-carbon Wetland Park will be the main body to build the BAIC New Energy Green Business School. Its main purpose is to strengthen the basic research and key technology development of the new battery system, promote the engineering and industrialization of the new generation of lithium-ion batteries, and realize the core of the power battery industry chain. The Changzhou industrial base project of BAIC Group has a total investment of 5 billion yuan, and it is planned to produce 300,000 vehicles, supporting parts and logistics projects annually, including 65.438+0.5 million SUVs, MPVs and light buses in the first phase and new energy vehicles in the second phase, so as to build an industrial ecological chain. According to Gezhi Automobile and New Energy, new energy vehicles with a total investment of 654.38+0 billion yuan and general aviation and aerospace projects with a total investment of 5 billion yuan have settled in Changzhou in April and June this year.