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Rongbai Technology GEM builds high nickel ternary material industry chain 　　

 Last Update: 2022-04-20
 Source: Internet
 Author: User

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Sinochem New Network News Rongbai Technology announced last week that the company and GEM Co.

According to the agreement, the company plans to invest 18% of the equity or shares of GEM Holdings in Wuhan Power Battery Regeneration Technology Co.

In terms of precursor business, from 2022 to 2026, on the premise that the technology, quality, cost, delivery and service of GEM's precursor products meet the company's requirements and have competitive advantages, Rongbai Technology expects to purchase precursors from GEM.

Rongbai Technology said that the signing of the agreement will help the company to build a competitive high-nickel ternary material industry chain, so that high-nickel batteries not only have performance advantages, but also cost competitiveness; at the same time, the company has established a capital bond with GEM, Building an ecological industrial chain and forming business synergy, innovation synergy, and strategic synergy can accelerate the progress of the industry

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