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Electric vehicle lithium battery pack production project settled in Zhongxian County, Chongqing

August 26, 2022

Recently, Chongqing Changfan New Energy Automobile Co., Ltd. and Hepu New Energy Technology Co., Ltd. signed a strategic cooperation agreement with Chongqing Zhongxian People's Government. The three-party joint venture will build an annual production capacity of 200,000 sets of electric vehicle Lithium Battery packs in Zhongxian.

It is understood that the annual production of 200,000 sets of electric vehicle Lithium Battery Pack production project will invest 200 million yuan in the first phase, and build a production line with an annual output of 50,000 sets of high-standard battery packs with an annual output value of more than 2 billion yuan, mainly for Changfan New Energy Vehicle. Supporting, while exploring the battery pack market of other car manufacturers in Chongqing. After the market is formed, the joint venture company will invest in the second phase of 50,000 sets and the third phase of 100,000 sets of production equipment, eventually forming an annual production capacity of 200,000 sets of electric vehicle lithium battery packs.

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