Fujian will build the biggest base of lithium battery in the world - SCUD Group Limited

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Fujian will build the biggest base of lithium battery in the world

Introducing into big project is the highlights in annual China fair. By reported, Fujian delegation signed 52 project contracts which are invested by foreign business. There are 17 projects of which total investment amount is more than 100 million, the totally investment of the 17 projects is 4,310 million.

Recently, Hong Kong New Energy Science and TechnologyCompany announced that they will invest 320 billion dollars to lithium cell project in Ningde. As far as know, the whole investment will plan to devote 1 billion. Ningde will become the biggestmanufacture base of lithium battery cell after the project start perfectly with 500 million cells per year by produced. It is expected, there would be 20 billion output values.

In the future, new energy vehicles are expected to usethe battery which made in Fujian. The manufacture base set up in Ningde will major producethe battery for electric vehicle, the battery for senior consumer electronics product and the battery for high pressure and high power.After the investment, Ningdewill becomethelargest and highest-output battery production base to form a new energy industry.

Source: Southeast nets