---
title: "Dare Auto plans to invest approximately 300 million yuan to expand its new lithium battery and smart motor business"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/242891937.md"
description: "According to the Zhitong Finance APP, Dare Auto announced that the company plans to sign an \"Investment Cooperation Agreement\" with the People's Government of Zhi Li Town, Wu Xing District, Huzhou City, Zhejiang Province, to invest in the construction of a pilot and industrialization project for new lithium batteries and an industrialization project for smart motors in Zhi Li Town, with a total planned investment of approximately 300 million yuan. It is reported that this investment will help expand the company's business in the fields of new lithium batteries and smart motors"
datetime: "2025-06-03T08:41:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/242891937.md)
  - [en](https://longbridge.com/en/news/242891937.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/242891937.md)
generator: "portal-rs"
---

# Dare Auto plans to invest approximately 300 million yuan to expand its new lithium battery and smart motor business

According to the Zhitong Finance APP, Dare Auto (300473.SZ) announced that the company plans to sign an "Investment Cooperation Agreement" with the People's Government of Zhi Li Town, Wu Xing District, Huzhou City, Zhejiang Province, to invest in the construction of a pilot and industrialization project for new lithium batteries and an industrialization project for intelligent motors in Zhi Li Town. The total planned investment for the project is approximately 300 million yuan. It is reported that this investment will help expand the company's business in the fields of new lithium batteries and intelligent motors

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**