SHANGHAI, Mar. 15 (SMM) – China’s Shenzhen Wisewod Technology Co. planned to complete construction of 187.2 million pieces/yr lithium battery project and commission the project in two years, www.gg-lb.com reported.
Total investment for the project will be 650 million yuan ($ 99.98 million) and once fully operational, the project will produce more than 180 million pieces of lithium batteries and over 7.2 million pieces of 10AH motive lithium batteries per year. All products from the company will be directly sold to domestic electric vehicle producers.
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