Anqing City Signs Contract for 16GWh Lithium Iron Phosphate Energy Storage Battery Production Line Project with Beijing BEST New Energy Technology Co., Ltd.

BEST Anhui 16GWh Lithium Iron Phosphate Energy Storage Battery Production Line Project

On January 16, the People's Government of Taihu County, Anqing City, officially signed a contract with Beijing BEST New Energy Technology Co., Ltd. to build a 16GWh lithium iron phosphate energy storage battery production line project. This project is a key project under the 'double invitation and double attraction' initiative of the Taihu County Government's Investment Promotion Office in Beijing, with a total investment of 5 billion yuan and planned construction in three phases. Once completed, the annual output value is expected to reach 12.8 billion yuan.

Beijing BEST New Energy Technology Co., Ltd. primarily produces power batteries and energy storage batteries, which are suitable for commercial vehicles, passenger vehicles, electric ships, and various sizes of energy storage devices.