Hengyi Lithium Energy's phase one high-rate Li-ion battery project starts production
2022-02-08 15:45:30 [Print]
On February 6, the commissioning ceremony for the phase one of Henan Hengyi Lithium Energy's high-rate Li-ion battery project was held at Xinhua District High-tech Industrial Park in Pingdingshan city.
The project will be constructed in two phases with total investment of RMB1.5 billion (USD236 million), including RMB500 million (USD78 . 65 million) for phase one and RMB1 billion (USD157 million) for phase two . The phase one of the project will have a production capacity of 1 . 6 million high-rate Li-ion batteries per day with annual output value to reach RMB500 million (USD78 . 65 million), and the phase two is designed to produce 3 . 5 million high-rate Li-ion batteries a day with an expected annual output value of nearly RMB1 . 2 billion (USD189 million).
The project will be constructed in two phases with total investment of RMB1.5 billion (USD236 million), including RMB500 million (USD78 . 65 million) for phase one and RMB1 billion (USD157 million) for phase two . The phase one of the project will have a production capacity of 1 . 6 million high-rate Li-ion batteries per day with annual output value to reach RMB500 million (USD78 . 65 million), and the phase two is designed to produce 3 . 5 million high-rate Li-ion batteries a day with an expected annual output value of nearly RMB1 . 2 billion (USD189 million).