Construction of 2.5GWh soft-pack ternary battery factory begins in Jiangsu

Jul 18, 2019 17:52

Source:SMM

It is expected to come online in the first half of 2020

SHANGHAI, Jul 18 (SMM) – A 2.5GWh soft-packed ternary battery factory, jointly founded by battery makers JEVE and SVOLT, held a construction commencement ceremony on Thursday July 18.

With investment of 1.5 billion yuan, the plant, located in Yancheng of east China’s Jiangsu province, is designed to have four production lines for ternary lithium-ion batteries in soft package and is expected to come online in the first half of 2020.

JEVE is funded by Fosun High-tech, while SVOLT Energy Technology is the battery division of Chinese carmaker Great Wall Motor.

EV battery

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Construction of 2.5GWh soft-pack ternary battery factory begins in Jiangsu

SMM Events & Webinars

NET ZERO CHINA Field Trip

SMM Indonesia Seminar: Li-ion Battery & Energy Storage

2025 ASIA BATTERY MATERIAL COOPERATION SALON