Xinwangda plans to invest 21.3 billion yuan to build a new energy power battery production base project

Sunwoda announced today that its subsidiary Sunwoda Auto Battery plans to sign a "Project Investment Agreement" with the Yiwu Municipal People's Government. It is reported that the investment in this project is mainly engaged in the production and sales of lithium-ion power batteries and energy storage batteries. The products cover cells, modules, packs, and battery systems of automotive power batteries and energy storage batteries. The total planned investment of the project is about 21.3 billion yuan, of which about 16 billion yuan is invested in fixed assets. It is planned to build a production base with a total capacity of about 50GWh of power batteries and energy storage batteries.

It is worth mentioning that Sunwoda announced on September 15 not long ago that its subsidiary Sunwoda Auto Battery intends to sign the "Sunwoda Dongfeng Yichang Power Battery" with the Yichang Municipal People's Government, Dongfeng Group, and Dongfeng Hongtai. Production Base Project Investment Agreement. The project investment is mainly engaged in the research and development, design, production and sales of power battery cells, modules, PACKs, and battery systems. The total planned investment of the project is about 12 billion yuan, and a 30GWh power battery production base is planned to be constructed: the project is implemented in two phases. The first phase invests about 8 billion yuan and plans to build a 20GWh power battery project; a 10GWh power battery project.

Since March 2021, according to incomplete statistics, Sunwoda has disclosed 14 foreign investments with a total amount of over 110 billion yuan.

According to the data from China Automotive Power Battery Industry Innovation Alliance, from January to August this year, Sunwoda's power battery installed capacity was 4.04GWh, accounting for 2.5% of the market, ranking 5th among domestic battery factories. In front are CATL, BYD, China Innovation Aviation and Guoxuan Hi-Tech.

Post a Comment

0 Comments