The regional headquarters for Suzhou Taijin's new energy vehicle lightweight components breaks ground in Taicang. [Photo/WeChat account: tcfbgw]

The regional headquarters for Suzhou Taijin's new energy vehicle lightweight components broke ground in Taicang on May 12.

Tianjin Sinotech Industry is investing in a promising project that spans three major sectors – automotive, electrical engineering, and aerospace – and has established a robust operational framework to serve major industry clients, including FAW-Volkswagen, Li Auto, and Mercedes-Benz.

With a planned total investment of 600 million yuan ($88.19 million), the project will focus on the production of NEV motor-related components and structural parts.

Once fully operational, the project is expected to generate an annual output value exceeding 900 million yuan, further strengthening Taicang's industrial chain in the new energy vehicle sector and supporting the city's continued push toward high-end manufacturing and innovation-driven growth.