SHANGHAI, Jul 24 (SMM) – China's battery manufacturer Nanjing Xinwangda New Energy commenced construction of its phase-two project, with an annualised capacity of 10GWh battery cells and 10GWh battery system, in Lishui district of Nanjing on Monday July 22, local news reported.
With the expanded capacity, the Xinwangda project will become the biggest power battery base of 30GWh across east China.
![This Week, Platinum and Palladium Experienced Significant Pullbacks, End-Use Demand Recovered, and Spot Market Trading Was Normal [SMM Platinum and Palladium Weekly Review]](https://imgqn.smm.cn/usercenter/obeMy20251217171735.jpg)
![Silver Prices Continue to Pull Back, Suppliers Remain Reluctant to Sell, Spot Market Premiums Hard to Decline [SMM Daily Review]](https://imgqn.smm.cn/usercenter/LVqfJ20251217171736.jpg)

