Great Power Energy & Technology starts construction of green power battery project
2020-10-26 17:22:54 [Print]
On October 22, the groundbreaking ceremony for green power battery production project of Great Power Energy & Technology in Yicheng District, Zhumadian City was held.
The project has a total investment of RMB2 billion (USD299 million), covering an area of 41.41 acres and a planned total construction area of 0 . 29 million square meters . It would design and construct two lithium-ion battery production lines with an annual output of 4 billion watt-hours of green lithium-ion batteries . When the project is fully completed, it can achieve annual sales revenue of RMB4 billion (USD597 million) and tax revenue of RMB280 million (USD41 . 79 million).