SHANGHAI, Dec 9 (SMM) – Dynavolt Renewable Power Technology, a Guangdong-based battery manufacturer, said on December 5 that it has signed an agreement with the management authority of Sanmenxia, Henan province to invest 2.5 billion yuan to build 5GWh lithium-ion battery lines in the upcoming five years.
The first stage of the project, designed with a capacity of 1GWh, will commence construction before December 31, and be put into production by end 2020.
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