Business
EZGO Takes Full Legal Ownership of Its Self-Built Changzhou Manufacturing Facility to Scale Production
CHANGZHOU, China, April 21, 2026 /PRNewswire/ -- EZGO Technologies Ltd. (Nasdaq: EZGO) ("EZGO" or the "Company"), a short-distance transportation solutions
About this update from Ezgo Technologies Ltd.
[{"type":"text","content":"CHANGZHOU, China, April 21, 2026 /PRNewswire/ -- EZGO Technologies Ltd. (Nasdaq: EZGO) (\"EZGO\" or the \"Company\"), a short-distance transportation solutions provider in China, today announced that its subsidiary, Jiangsu EZGO New Energy Technology Co., Ltd., has received the real estate ownership certificate (\"Certificate\") from the Changzhou municipal authorities for its self-built manufacturing facility at Xinqu Road No. 20, Changzhou, Jiangsu Province.\nThe receipt of the Certificate confirms that the new facility has been fully constructed in compliance with all applicable regulatory requirements and is legally cleared for operational use.Developed and constructed entirely by EZGO, the complex covers a total site area of 19,665 square meters and a total building area of 36,547.56 square meters, comprising seven reinforced-concrete buildings: five purpose-built multi-storey production buildings and two ancillary support buildings. The underlying state-owned land use right carries a tenure of 50 years, providing the Company with a long-term and legally secured operational foundation for decades.The complex is designed to support the annual production of 100,000 intelligent electric two-wheeled vehicles, 5,000 intelligent unmanned service patrol vehicles, and 0.5 GWh of graphene-based lightweight power lithium batteries. Integrating research and development, manufacturing and related support functions, the facility forms the physical backbone of EZGO's intelligent mobility and battery businesses.With construction complete and full legal title secured, EZGO will now advance equipment installation and production line commissioning, with commercial operations targeted to commence in 2026. The Company believes the facility will materially strengthen its manufacturing capabilities, improve operational efficiency and broaden product innovation across intelligent electric mobility, intelligent service vehicles and lightweight power battery applications.Mr. Jianhui Ye, Chairman and Chief Executive Officer of EZGO, commented, \"Receiving the real estate ownership certificate is the milestone — it confirms that the facility we designed and built from the ground up has cleared every regulatory checkpoint and is legally ours to operate for the next 50 years. The new facility has five production buildings with 36,500 square meters in t...