Keyvia Electric's German subsidiary, Rail Power Systems GmbH, plans to use up to 18 million euros of its own funds to purchase land for a production base. The site is located in Eichenau, near Munich in Bavaria, Germany, covering about 10,000 square meters at roughly 350 euros per square meter. RPS's current production facility in Neuaubing is leased, has been occupied since 1996, and its capacity is saturated, severely constraining output. Goals for the new base include integrating production, research, and exhibition; redesigning the entire production flow; customizing a modern intelligent workshop; and reserving flexibility for capacity expansion. This investment aims to resolve development bottlenecks and improve the global production layout, and it still requires approval from relevant German regulatory authorities.
Tianjin Keyvia Electric Co LtdSubsidiary's investment in production base to resolve bottlenecks and improve global layout.
Plans to purchase land for new production base to overcome capacity constraints.
