Cornex's 70GWh Xiangyang Lithium Battery Base Starts Production, Targets 400k Cells Daily
Cornex New Energy's 70GWh lithium battery industrial park in Xiangyang, Hubei officially started production on Aug 30, completing its one-headquarters-plus-four-bases layout. Construction began on Oct 28, 2025, and first products rolled off the line in just 10 months, two months ahead of schedule. Covering 1,608 mu with 1.05 million sqm of floor space, the base targets both energy storage and EV applications, mass-producing 100Ah, 588Ah, 648Ah and larger storage cells plus high-rate fast-charging power batteries. At full capacity it will ship nearly 400,000 cells daily worldwide, with annual output value expected to exceed RMB 30bn and over 5,000 jobs created.