Weiguang Electronics to invest in LFP project
2021-12-06 18:39:04 【Print】
Weiguang Electronics announced that on December 3, 2021 it signed a cooperation agreement with Zhejiang Tuo'anshi Technology and Taizhou Anshi New Energy Technology Partnership on LFP project
. The three companies planned to form a joint venture Jaingsu You'anshi Battery Materials Co . , Ltd . , and Weiguang Electronics will invest RMB12 million (USD1 . 88 million) for a 20% stake in the JV . Weiguang Electronics revealed that the new JV owns LFP production technology and its products have excellent performance and comparatively low costs.