CGEC starts construction of power battery project
2020-10-19 15:32:58 [Print]
On October 15, CGEC held the groundbreaking ceremony of power battery project with annual production capacity of 12GWh.
It is learnt that the project is invested and constructed by CGEC ( a joint venture between CATL and Geely Auto Group) with a total investment of RMB8 billion (USD1.19 billion), covering an area of 500 mu (33 . 33hm2) . It will mainly produce supporting facilities for new energy vehicles of Geely and Lynk . When the project is completed, the annual output value will reach RMB11 billion (USD1 . 64billion).
It is learnt that the project is invested and constructed by CGEC ( a joint venture between CATL and Geely Auto Group) with a total investment of RMB8 billion (USD1.19 billion), covering an area of 500 mu (33 . 33hm2) . It will mainly produce supporting facilities for new energy vehicles of Geely and Lynk . When the project is completed, the annual output value will reach RMB11 billion (USD1 . 64billion).