[SMM Flash News] 60GWh New-Generation Lithium Battery Project Commences Construction!

Published: Feb 24, 2026 17:50

Save

On February 24 (the first working day after the Chinese New Year holiday), the concentrated commencement activity for major projects in Q1 2026 was held in Ningxiang City, Changsha City, Hunan Province, at the site of the new-generation lithium battery R&D and comprehensive production base project of Shengxin Technology in Ningxiang Economic Development Zone. This batch involved the concentrated commencement of 30 projects with a total investment of 23.76 billion yuan, and a planned investment of 8.45 billion yuan for 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

19 hours ago

CMOC: 2025 Net Profit up 50.3% YoY, Copper Production at 741,100 mt; Niobium, Cobalt, Molybdenum, and Tungsten Output Exceeded Expectations

19 hours ago

Mar 27, 2026 18:05

[SMM Weekly Manganese Ore Review] Initial Overseas Market Offers Raised, Intensifying the Tug-of-War Between Strong Expectations and Weak Reality in the Manganese Ore Market

Mar 27, 2026 18:05

Mar 27, 2026 17:42

Samsung SDI Signed a 1.6 Trillion Won Battery Materials Contract with South Korean Cathode Materials Manufacturer L&F

Starting in 2027, L&F will supply LFP battery cathode materials to Samsung SDI for three consecutive years.

Mar 27, 2026 17:42