Xiangtan High-tech Zone Signs 240 Million Yuan Investment for Lithium Iron Phosphate Battery Production Line Project

【Total investment of 240 million yuan, the signing ceremony of the automatic production line project for lithium iron phosphate battery PACK in Xiangtan High-tech Zone】Recently, the signing ceremony of the total investment of 240 million yuan for the automatic production line project of lithium iron phosphate battery PACK in Xiangtan High-tech Zone was held. Xiangtan High-tech Zone, Hailier Investment Group, and Xiangtan Galaxy New Energy Co., Ltd. signed an agreement to jointly promote the development of the project.

The total investment of the project is 240 million yuan, which will be carried out in two phases. The first phase will invest approximately 40 million yuan to build a new lithium iron phosphate battery PACK automatic production line in the factory of Xiangtan Galaxy New Energy Co., Ltd. The second phase will invest approximately 200 million yuan to plan and construct a global new energy exhibition center.