Report: Samsung SDI to expand power battery capacity in China-Shanghai Metals Market

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Report: Samsung SDI to expand power battery capacity in China

Company News 10:35:10AM Dec 06, 2018 Source:SMM

Samsung-ARN, a joint venture established by Samsung SDI, Anqing Ring New Group (ARN), and Xi'an Gaoke Group, began constructing the second phase of its automotive battery project at the Hi-tech Industrial Development Zone in Xi'an, capital of Shaanxi province, on November 29.

With total investment of 10.5 billion yuan, the 160,000 m2 plant will have five production lines that can produce 60Ah lithium-ion batteries.

In October 2015, the first phase of the power battery project entered production, with annual capacity of 3.6 million battery cells.

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Report: Samsung SDI to expand power battery capacity in China

Company News 10:35:10AM Dec 06, 2018 Source:SMM

Samsung-ARN, a joint venture established by Samsung SDI, Anqing Ring New Group (ARN), and Xi'an Gaoke Group, began constructing the second phase of its automotive battery project at the Hi-tech Industrial Development Zone in Xi'an, capital of Shaanxi province, on November 29.

With total investment of 10.5 billion yuan, the 160,000 m2 plant will have five production lines that can produce 60Ah lithium-ion batteries.

In October 2015, the first phase of the power battery project entered production, with annual capacity of 3.6 million battery cells.