After 67.5 billion, invest another 60 billion!

It is understood that the Chuneng New Energy (Yichang) Lithium Battery Industrial Park project is one of the three bases of Chuneng New Energy in Hubei Province
.
The project mainly produces a series of products such as power batteries, energy storage batteries, consumer electronics batteries, and PACK modules.
The total investment of the project is about 60 billion yuan
.

Following the huge investment of 67.
5 billion yuan, Chuneng New Energy Co.
, Ltd.
(referred to as: Chuneng New Energy) signed another major lithium battery project
.

Recently, the Yichang Municipal Government of Hubei Province signed a cooperation agreement with Chuneng New Energy, and the Chuneng New Energy (Yichang) Lithium Battery Industrial Park project was officially signed
.

It is understood that the Chuneng New Energy (Yichang) Lithium Battery Industrial Park project is one of the three bases of Chuneng New Energy in the province
.
The project mainly produces a series of products such as power batteries, energy storage batteries, consumer electronics batteries, and PACK modules, with a total investment of about 60 billion yuan.
After all the projects are completed and put into production, the annual output value is expected to exceed 100 billion yuan, and about 20,000 jobs will be provided
.

On May 8, the groundbreaking ceremony of the Chuneng New Energy 150GWh lithium battery industrial park project was held in Xiaogan, Hubei.
The project has a total investment of 67.
5 billion yuan and a planned area of ​​3,500 mu
.

According to the data, Chuneng New Energy is a wholly-owned subsidiary of Hengxin Automobile Group.
Its main business is the research and development, manufacturing and sales of electrochemical energy storage, new energy vehicle batteries and systems
.
The company is positioned in high-end intelligent manufacturing of new energy, and is committed to becoming the world's leading R&D and manufacturing company for lithium-ion batteries, focusing on the R&D, production and sales of new energy vehicle power batteries and electrochemical energy storage batteries.
R&D, manufacturing, sales and after-sales service of the whole industry chain such as systems
.

At present, Chuneng New Energy has Wuhan Jiangxia production base, Chuneng Research Institute, and Wuhan Tianhe Airport Xiaogan Airport production base.
The company plans to reach 10GWh of battery production capacity in 2022, 70GWh of construction in 2022, and 350GWh of production capacity within five years
.