Home / Metal News / Precious Metals / Report: Wanxiang’s 80GWh battery factory starts construction
Report: Wanxiang’s 80GWh battery factory starts construction
Mar 26,2019 15:32CST
company news
Source:SMM
With investment of 68 billion yuan, the battery base started construction in Hangzhou on Mar 25

With total investment of 68 billion yuan, Wangxiang Group’s lithium-ion battery base that will have 80GWh of battery manufacturing capacity started construction in Hangzhou of Zhejiang province on Monday March 25, autohome.com.cn reported.

This was one of the 20 key projects in the Wanxiang Innovation Energy City that began construction on the same day.

The Zhejiang-based multinational automotive components manufacturer announced in September 2016 that it will invest 200 billion yuan in five to seven years to build a smart city, called Wanxiang Innovation Energy City, in Hangzhou. The city will house up to 90,000 people within 8.42 km².

Battery

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news