Sunwoda Battery Materials Project in Zhejiang Officially Enters Mass Production

Published: Jan 10, 2025 22:25
[Sunwoda Battery Materials Project Officially Begins Mass Production!] On January 6, the Yingwang New Energy Precision Structural Components Project, the first provincial special major industrial project in Pujiang County, Jinhua City, Zhejiang Province, with an investment exceeding 5 billion yuan, officially commenced mass production. Sunwoda Group Chairman Wei Wang, Sunwoda Group CEO Haibiao Xiang, Yingwang General Manager Xiaohe Zhang, Sunwoda Group Senior Assistant to the President Zaibo Li, Sunwoda Group Assistant to the President Zhilin Ye, and Sunwoda Group Vice President Jie Liu attended the mass production ceremony.

This project was announced for construction by Sunwoda in March 2023 and is implemented by its holding subsidiary Huizhou Yingwang Precision, which established a project company in Pujiang County. The project is expected to have a total investment of 5.2 billion yuan, with the main construction focusing on 3C consumer precision structural components and new energy battery precision structural components.

According to reports, the project covers a total area of 345 mu, with a total construction area of 427,000 m². It is listed as one of Zhejiang Province's "Thousand Projects, Trillion Investment" major projects and a provincial special major industrial project for 2024.

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

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
SK On Consolidates Georgia Operations into Single Production System
1 hour ago
SK On Consolidates Georgia Operations into Single Production System
Read More
SK On Consolidates Georgia Operations into Single Production System
SK On Consolidates Georgia Operations into Single Production System
SK On will transition to a unified production system centered on its SK Battery America (SKBA) operations in Georgia to improve efficiency in North America. According to the company on the 3rd, starting April 6 (local time), production volumes from SKBA’s first plant will be transferred to the second plant. In addition, part of the second plant’s production lines will be converted from electric vehicle (EV) battery manufacturing to energy storage system (ESS) production. The Georgia Plant 1 has an annual capacity of 10GWh and began commercial operations in the first quarter of 2022, while Plant 2 has a capacity of 12GWh and started operations in the fourth quarter of 2022.
1 hour ago
LG Energy Solution Joins Global Automotive Software Marketplace SDVerse as First Battery Maker
1 hour ago
LG Energy Solution Joins Global Automotive Software Marketplace SDVerse as First Battery Maker
Read More
LG Energy Solution Joins Global Automotive Software Marketplace SDVerse as First Battery Maker
LG Energy Solution Joins Global Automotive Software Marketplace SDVerse as First Battery Maker
LG Energy Solution announced on April 3 that it has joined the automotive software open marketplace platform SDVerse, becoming the first battery manufacturer to participate. SDVerse is a B2B vehicle software platform founded by General Motors, Magna International, and Wipro. The platform provides an open ecosystem where automakers, global suppliers, and software developers can trade software solutions, supporting the transition toward software-defined vehicles (SDVs).
1 hour ago
SK On Terminates Natural Graphite Supply Agreement with Westwater
1 hour ago
SK On Terminates Natural Graphite Supply Agreement with Westwater
Read More
SK On Terminates Natural Graphite Supply Agreement with Westwater
SK On Terminates Natural Graphite Supply Agreement with Westwater
According to Westwater Resources on the 3rd, it received a contract termination notice from SK On on March 31 (local time). Under the agreement, SK On had planned to source up to 34,000 tons of natural graphite produced at Westwater’s Kellyton facility in Alabama between 2027 and 2031, but the plan has been canceled following the termination.
1 hour ago