Total planned investment is 1 billion! The commissioning of Xiongmai New Energy's lithium-sodium-ion battery project is expected to be completed by month-end

According to news released by "Yangzhou Industry and Information Technology Bureau," from January to May this year, among the major manufacturing projects with investments exceeding 1 billion yuan reserved in Yangzhou, Jiangsu Province, 15 projects have commenced construction. Among them, the equipment for the high-performance lithium-sodium battery project of Jiangsu Xiongmai New Energy Technology Co., Ltd. (hereinafter referred to as Xiongmai New Energy), located in Zone C of the Low-Carbon Intelligent Manufacturing Industrial Park in Baoying Economic and Technological Development Zone, Yangzhou, Jiangsu Province, has been installed on-site, and commissioning is expected to be fully completed by the end of June.

It is reported that Xiongmai New Energy's high-performance lithium-sodium battery project signed and settled in Baoying Economic and Technological Development Zone in April 2024. The project plans a total investment of 1 billion yuan, with a designed annual capacity of 2 GWh, primarily for the production of high-performance lithium-sodium batteries. To date, 300 million yuan has been invested.

According to information, Xiongmai New Energy was established in 2024 and is located in the Optoelectronics Industrial Park on Jinyuan Road, Baoying Economic and Technological Development Zone, Yangzhou, Jiangsu Province. Its business scope includes battery manufacturing, battery sales, battery parts production, energy storage technology services, etc.