Total Investment Of 12 Billion Yuan Lithium Battery Project Lands In Guangzhou

Published: Mar 4, 2026 18:48

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On March 2, Youngy Group announced that it signed the "Youngy Group Guangzhou Development Zone New Energy Intelligent Manufacturing Base" project on February 24. The project plans a total investment of 12 billion yuan and will encompass three core segments: consumer batteries, power batteries, and energy storage products. The project will address the shortcomings in Guangzhou's battery industry sector and also provide strong support for the development of emerging industries in the region, such as the low-altitude economy and intelligent robotics.

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