REPT's 50GWh new energy manufacturing base (phase three) goes into construction
2023-03-02 14:59:22 [Print]
A ceremony was held on March 1st in Wenzhou to launch the construction of REPT's 50GWh new energy manufacturing base (phase three) and sign agreements for the company's energy expansion project of 50GWh. The construction of the phase one and phase two projects of the new energy manufacturing base with a total production capacity of 26GWh power and energy-storage lithium-ion battery and system was already completed. The phase three project is planned to have a total investment of over RMB5 billion (USD724.62 million) with the designed production capacity of 24GWh lithium battery and system as well as some upstream supporting parts. After the phase three project goes into operation, the total production capacity of the new energy manufacturing base in Wenzhou will reach 50GWh.
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