EVE Energy intends to build 20GWh power & energy storage battery factory in Jianyang city.
Chinese battery maker EVE Energy Co., Ltd. (“EVE Energy”) announced on Jan. 19 that it intended to ink an agreement with the government of Jianyang, a county-level city in China’s Sichuan province, for a power and energy storage battery manufacturing project.
According to the announcement, the project is set up to build a power & energy storage battery base in Jianyang city with a planned annual production capacity of 20GWh. It will involve a total investment of around 10 billion yuan ($1.475 billion), at least 6 billion yuan ($885.021 million) of which are expected to be poured in fixed assets.
With the whole construction set to be completed in one phase, the new manufacturing base will produce a variety of battery products including but not limited to…