[SMM New Energy] 54 GWh Battery Cell Manufacturing Base Project Commences Construction

Published: Feb 23, 2026 10:27
Shenzhen Pengcheng Wuxian New Energy Co., Ltd. announced the commencement of the battery cell manufacturing base project in the Yibin Energy Storage Industrial Park in Sichuan. The project will be constructed in two phases to build a production site with an annual capacity of 54 GWh for energy storage battery cells. According to reports, the project is located in the core industrial area of Xuzhou New District and will be developed in two phases, with an overall planned annual production capacity of 54 GWh for energy storage battery cells, aiming to create an industry-leading smart manufacturing base. The main structure of the first phase is expected to be completed and equipment installed and debugged by the end of September 2026, with trial production scheduled to begin in November 2026.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Ganfeng Lithium Begins Mass Production of 650Wh/kg Semi-Solid-State Batteries
12 mins ago
Ganfeng Lithium Begins Mass Production of 650Wh/kg Semi-Solid-State Batteries
Read More
Ganfeng Lithium Begins Mass Production of 650Wh/kg Semi-Solid-State Batteries
Ganfeng Lithium Begins Mass Production of 650Wh/kg Semi-Solid-State Batteries
On Feb. 20 (local time), Ganfeng Lithium, the world’s largest lithium metal producer, reportedly began mass production of semi-solid-state batteries with an energy density of 650Wh/kg. The company has secured major electric vehicle battery material supply agreements with leading OEMs, including Tesla, Volkswagen, and Hyundai Motor.
12 mins ago
Nemaska Lithium, Secures $300 Million Investment from Rio Tinto
14 mins ago
Nemaska Lithium, Secures $300 Million Investment from Rio Tinto
Read More
Nemaska Lithium, Secures $300 Million Investment from Rio Tinto
Nemaska Lithium, Secures $300 Million Investment from Rio Tinto
Nemaska Lithium, a lithium hydroxide supplier to LG Energy Solution, has secured a $300 million investment from global mining company Rio Tinto. Rio Tinto plans to acquire management control of Nemaska Lithium and invest more than $300 million (approximately KRW 400 billion) this year to expand lithium operations in Quebec.
14 mins ago
Estonia’s Largest BESS Project Launched with LG Energy Solution Partnership
20 mins ago
Estonia’s Largest BESS Project Launched with LG Energy Solution Partnership
Read More
Estonia’s Largest BESS Project Launched with LG Energy Solution Partnership
Estonia’s Largest BESS Project Launched with LG Energy Solution Partnership
On Feb 21st, LG Energy Solution will collaborate with Estonia-based Diotech OÜ and Transcom AS on the largest battery energy storage system (BESS) project in Estonia. In the first phase, approximately €35 million (about KRW 60 billion) will be invested to build a 100MW/200MWh BESS facility. The project is targeted for completion in March next year.
20 mins ago