The key parts and components project of the new energy vehicle of LSV is located in the new energy vehicle town of Jinhua Development Zone, with a total land area of 100 acres and a total construction area of 64,000 square meters. It is planned to construct industrial plants and auxiliary supporting facilities. The total investment is 1 billion yuan, and the construction unit is Jinhua Lingpao New Energy Auto Parts Technology Co., Ltd. The construction period is 2022-2023. After completion, it will achieve an annual output value of 10 billion yuan, forming an annual production capacity of 200,000 sets of new energy vehicle batteries, 250,000 sets of electric drives, and 200,000 sets of car lamp assemblies, which will drive the new energy automobile and related parts industry in Zhejiang Province Integrate development and form a new highland for the new energy automobile industry in East China.