On February 8, Zhejiang Province hosted a unified groundbreaking ceremony for the "thousands of projects with a trillion-yuan investment" initiative in Changxing County, Huzhou. Among these projects, the groundbreaking for DeepWay's smart factory specializing in three-electric systems also took place. Provincial Party Secretary Wang Hao announced the launch of significant projects for the first quarter. Attendees included leaders such as Chen Hao, Secretary of the Huzhou Municipal Party Committee, and Wan Jun, Chairman and CEO of DeepWay. This smart factory is dedicated to the production of core commercial vehicle components independently developed by DeepWay, encompassing battery packs, electric drive axles, and electric controllers. Upon completion, it is anticipated that the annual production capacity will surpass 50,000 sets of DeepWay's proprietary three-electric systems for heavy-duty trucks.