Recently, the commissioning ceremony of the DY Energy Lithium Electronic Power Battery Project with an investment of 10 billion yuan was held in Zongyang County. This is an important project for the industrialization of power batteries under Chery Automobile.

It is reported that the project plans to build a 20GWh lithium ion battery production base with a total area of about 1000 mu, with an investment of 100.04 billion yuan, including 2.429 billion for plant construction and 7.575 billion for process equipment.

By the end of 2026, the project plans to build a digital and intelligent cell factory, a standardized module PACK factory, a fully automatic and efficient finished product warehouse, a modern testing center, a comprehensive office area and related living supporting area, to produce square and cylindrical cells, modules and PACKs.

The commissioning of the project marks that Chery Automobile has become the fourth Chinese vehicle enterprise to build its own power battery factory after BYD, Great Wall and GAC Aion.