REPT BATTERO Energy's 30-Gwh Production Lines Officially Settled

SHANGHAI, Feb 22 (SMM) -  On February 17, China's power battery and energy storage battery giant REPT BATTERO Energy and Chongqing Fuling District Government signed a contract on the former's battery cell and Pack production base project.

According to the agreement, the total investment on this project with annual capacity of 30 GWh is about 10 billion yuan, and the construction is designed to span about 24 months. The project is expected to achieve an annual output value of 26 billion yuan when it reaches designated capacity.