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Ganfeng Lithium plans to build a battery manufacturing facility in Chongqing, Dongguan

Shanghai (Gasgou)- Jiangxi Ganfeng Lithium Co., Ltd. (“Ganfeng Lithium”), one of the world’s leading producers of battery-grade lithium, will launch battery manufacturing projects in Chongqing and Dongguan, respectively, on January 19 announced two investment plans for

The company announced at its board meeting on January 18 that its subsidiary, Ganfeng LiEnergy Co., Ltd., has signed the agreement with the Fuling district government of Chongqing, Chongqing Three Gorges Water Conservancy and Electric Power Co., Ltd., and East Shineray. Group Co., Ltd. will build a power battery base in the Fuling district.

Photo credit: Ganfeng Lithium

With a planned investment of 10 billion yuan ($1.475 billion), the Fuling-based project will have a production line capable of producing 24GWh of power batteries annually, including LFP batteries, ternary lithium batteries and all-solid-state batteries. included. Annual capacity to assemble 10GWh battery packs per year, and other facilities such as BMS (battery management system) development center, battery R&D and test hub.

On the same day, the board also approved a proposal to build a new lithium-ion battery and energy storage system headquarters project in Dongguan, Guangdong.

The facility to be built in Dongguan, also managed by Ganfeng LiEnergy, will include LFP batteries, semi-solid cells, light power batteries, outdoor portable power sources, outdoor energy storage systems, and industrial and commercial energy storage systems with a capacity of 10GWh per year. production capacity is expected.

The aforementioned two projects will help Ganfeng Lithium increase the production scale, market share and research and development capabilities of lithium-ion batteries, improve the relevant industrial chain structure, and enhance the competitiveness of the whole enterprise, the company said. . Ganfeng Lithium plans to build a battery manufacturing facility in Chongqing, Dongguan

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