Anhui Xunying and Luotuo Group Sign Framework Cooperation Agreement for New Energy Business

Published: Jan 22, 2024 19:00

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Anhui Xunying collaborates with Luotuo Group to sign a framework cooperation agreement. Anhui Xunying New Energy Group Co., Ltd. recently signed a framework cooperation agreement with Luotuo Group Resource Recycling Xiangyang Co., Ltd. According to the agreement, the two parties will deeply cooperate in new energy businesses such as recycling of old batteries, electric vehicle battery swapping, and network construction, to jointly build a commercial cooperation model of 'battery cell supply - battery pack - electric vehicle battery swapping - regional storage and battery replacement support - targeted recycling of retired battery packs,' achieving complementary advantages and mutual benefit. It is reported that Anhui Xunying currently has two assembly lines for production of graded products, with a dismantling capacity of approximately 4000t/year for scrapped battery cells. The graded battery cell digestion capacity is 40 million/year, and there are plans to build a project for the annual production of 200,000 tons of new energy power battery materials for recycling.

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