EVE Energy to construct RMB100-billion level new energy battery industrial base in Huizhou
2022-02-08 15:45:11 [Print]
On February 7, EVE Energy announced that it signed a strategic cooperation framework agreement with government of Huizhou city, Guangdong province
According to the agreement, EVE Energy and its controlled subsidiaries will invest no lower than RMB2 billion (USD0.31 billion) at the initial technical research stage . When conditions on project land and energy supply improve to meet project requirements, EVE Energy and its controlled subsidiaries are expected to reach production value of RMB100 billion (USD15 . 73 billion) by 2025 so as to make contribution in advancing development of Huizhou's new energy battery industry.
. The two sides decided to strengthen strategic cooperation by constructing a large-scale new energy battery industrial base in Huizhou. According to the agreement, EVE Energy and its controlled subsidiaries will invest no lower than RMB2 billion (USD0.31 billion) at the initial technical research stage . When conditions on project land and energy supply improve to meet project requirements, EVE Energy and its controlled subsidiaries are expected to reach production value of RMB100 billion (USD15 . 73 billion) by 2025 so as to make contribution in advancing development of Huizhou's new energy battery industry.