Sichuan to Establish Cylindrical Battery Project with RMB 5.8 Billion Investment

Published: Apr 29, 2025 18:14

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【With a total investment of RMB 5.8 billion, another cylindrical battery project is to be established in Sichuan!】On April 24, the Key Industrial Cooperation Promotion Conference of Suining City in the Guangdong-Hong Kong-Macao Greater Bay Area was held in Shenzhen. During the event, Shehong City signed an agreement with Chongqing Tianhui Energy Technology Co., Ltd. (hereinafter referred to as "Tianhui Energy") for a cylindrical battery production site project with an investment of RMB 5.8 billion. It is reported that the project is planned to be constructed in two phases, mainly focusing on the construction of production lines for cylindrical lithium-ion batteries and large cylindrical batteries. The project, from initial negotiations to official signing and commencement of construction, took less than one month. With a planned total investment of RMB 6 billion, it will primarily produce "18650", "32140", and "46,160" type cylindrical lithium batteries, which are mainly applied in power tools, electric vehicles, drones, mobile power supplies, laptops, smartphones, etc.

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