The project of Sodium Ion Battery cathode material with an annual output of 80, 000 tons has officially signed a 100 million yuan Pre-A round financing.

At 9: 00 a.m. on November 7, 2021, the 2021 "concentric Crossing City" meeting was held in Yuecheng District of Shaoxing City.

At the conference, Xu Jun, secretary of the Shaoxing Yuecheng District CPC Committee and director of the management committee of Shaoxing Binhai New area, witnessed the signing ceremony of Na Chuang's "project of cathode materials for sodium ion batteries with an annual capacity of 80,000 tons".

The total investment of the project is 1.5 billion yuan and the land is 300 mu. The construction of sodium ion battery key materials, including sodium ferrate ternary cathode materials, and the construction of sodium ferrate-based cathode material precursors and cathode material production lines.

The signing of the project is inseparable from the strong support of the local government. as Secretary Xu Jun said during his inspection visit to Sodium last month, Sodium needs to make breakthroughs in how to make it lighter and last longer.

In a short period of two months, great changes have taken place in Sodium. A few days ago, Sodium Chuang successfully completed the 100 million yuan Pre-A round financing for 10,000 tons of sodium ferrite-based cathode materials and its electrolyte production and talent team construction.

For the speed and development model of sodium innovation, the management committee of Binhai New area once spoke highly of it and praised it as a successful model of "industry-university-research materialization".

At the conference, Che Haiying, chairman of the board, said: "Binhai New area is a gathering place of mechanical chemical industry, and our enterprise has been incubated in Binhai New area in 18 years." At present, the sodium ion battery industry has become a new tuyere for market development, and the Yuecheng government is also very supportive of our enterprises. The 'annual output of 80,000 tons of sodium ion battery cathode material project' is expected to be put into production by the end of next year. "

In the future, Sodium will continue to actively explore, continue to in-depth development, strive to draw a new picture, and continue to promote the development of sodium ion battery industry.