EVE Energy's subsidiary to invest RMB6.2 billion to expand power storage battery capacity

EVE Energy announced that EVE Power, a subsidiary of the company, intends to sign the "Contract" with the Jingmen High-tech Industrial Development Zone Management Committee to invest in the construction of 20GWh large cylindrical battery production lines and auxiliary facilities for passenger vehicles, 16GWh square lithium iron phosphate battery production lines and auxiliary facilities in Jingmen high-tech zone.Asian Metal Copyright2 billion USD970 million.Asian Metal Copyright The total investment in fixed assets of the project reaches about RMB6.Asian Metal CopyrightEVE Energy announced that EVE Power, a subsidiary of the company, intends to sign the "Contract" with the Jingmen High-tech Industrial Development Zone Management Committee to invest in the construction of 20GWh large cylindrical battery production lines and auxiliary facilities for passenger vehicles, 16GWh square lithium iron phosphate battery production lines and auxiliary facilities in Jingmen high-tech zone.Asian Metal Copyright2 billion (USD970 million).

.Asian Metal CopyrightEVE Energy announced that EVE Power, a subsidiary of the company, intends to sign the "Contract" with the Jingmen High-tech Industrial Development Zone Management Committee to invest in the construction of 20GWh large cylindrical battery production lines and auxiliary facilities for passenger vehicles, 16GWh square lithium iron phosphate battery production lines and auxiliary facilities in Jingmen high-tech zoneAsian Metal Copyright