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Litian Wanshi launches construction of lithium battery and system project
2020-03-04 15:55:01 【Print】
A ceremony was held on March 3rd to launch the construction of Litian Wanshi's 20GWh lithium-ion battery and system project.
The project is located in Zhonghe Industrial Park (Phase ‖) in Jiashan Economy Development Zone. With total capitals of USD500 million and investment of USD1.5 billion, the project is divided into two phases in construction. The phase one project of 8GWh lithium-ion battery and system, which has a total investment of USD750 million and fixed asset investment of about RMB3.075 billion (USD444 million), will create annual output values of RMB7.2 billion (USD1.04 billion) and tax revenues of RMB430 million (USD62.03 million) after realzing designed production capacity; the phase two project of 12GWh lithium-ion battery and system, which has a total investment of USD750 million and fixed asset investment of about RMB4.6 billion (USD664 million), will generate annual output valumes of RMB10.8 billion (USD1.56 billion) and tax revenues of RMB650 million (USD93.76 million) after going into full production.
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The project is located in Zhonghe Industrial Park (Phase ‖) in Jiashan Economy Development Zone. With total capitals of USD500 million and investment of USD1.5 billion, the project is divided into two phases in construction. The phase one project of 8GWh lithium-ion battery and system, which has a total investment of USD750 million and fixed asset investment of about RMB3.075 billion (USD444 million), will create annual output values of RMB7.2 billion (USD1.04 billion) and tax revenues of RMB430 million (USD62.03 million) after realzing designed production capacity; the phase two project of 12GWh lithium-ion battery and system, which has a total investment of USD750 million and fixed asset investment of about RMB4.6 billion (USD664 million), will generate annual output valumes of RMB10.8 billion (USD1.56 billion) and tax revenues of RMB650 million (USD93.76 million) after going into full production.
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