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<title>Inovance Invests $280M in High-Power Motor Facility, Targeting Net-Zero Heavy Industry</title>
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<pubDate>Thu, 23 Apr 2026 10:29:00 GMT</pubDate>
<description>Inovance Technology (SZSE: 300124) held a groundbreaking ceremony for its new R&D and manufacturing base in the Jinpu New Area of Dalian, Liaoning Province. The facility is dedicated to the development and production of high-voltage permanent magnet synchronous motors (PMSMs) and represents a total investment of RMB 2 billion (approx. USD 280 million).</description>
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<title>Inovance Launches 50GW Energy Storage Gigafactory</title>
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<pubDate>Fri, 21 Nov 2025 07:39:00 GMT</pubDate>
<description>Inovance (SZ: 300124), a global leader in industrial automation, announced on Nov. 17, 2025 the commissioning of its Xi'an Energy Storage Manufacturing Base. With an annual design capacity of 50GW, the facility integrates 3500A automated testing and AI inspection. The launch underscores Inovance's capability in autonomous innovation, positioning the company to drive global energy intelligence.</description>
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