JEVE's 12GWh new energy battery project settled down in Changxing of Huzhou
2021-08-02 17:50:40 [Print]
Fosun, JEVE and the government of Changxing, Huzhou, Zhejiang signed an investment agreement on July 31st on building a 12GWh new energy battery project.
The above JEVE Changxing base project has a designed production capacity of 12GWh, a total investment of RMB5.6 billion (USD867 million) and covers about 266,667 square meters. Its products will include square soft packs that are compatible with LFP and NCM material systems and will be applied in energy storage and power industries. The project will go into operation in early 2023 as planned and is expected to realize annual sales of about RMB6 billion (USD929 million) after realizing full production.
The above JEVE Changxing base project has a designed production capacity of 12GWh, a total investment of RMB5.6 billion (USD867 million) and covers about 266,667 square meters. Its products will include square soft packs that are compatible with LFP and NCM material systems and will be applied in energy storage and power industries. The project will go into operation in early 2023 as planned and is expected to realize annual sales of about RMB6 billion (USD929 million) after realizing full production.
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