On May 8, 2022, the Chuneng New Energy Lithium Battery Industrial Park project officially started construction in Linkong Economic Zone, Xiaogan City, Hubei Province. It is reported that this is the largest industrial project introduced by Xiaogan, with a planned land area of 3,500 mu.

It is understood that the Chuneng New Energy Lithium Battery Industrial Park project has a total investment of 67.5 billion yuan, and plans to build a 150GWh lithium battery production capacity, which will be constructed in five phases. After the project is completed and put into production, it will integrate the research and development, manufacturing and sales of power batteries, energy storage batteries and energy management systems, and become a large-scale new energy industry base with an annual industrial output value of over 100 billion yuan.

The first phase of the project mainly builds a 30GWh lithium-ion battery production line for the production of energy storage and automotive power batteries. It is planned to achieve mass production and complete acceptance in June 2023.

Dai Deming, chairman of Chuneng New Energy Co., Ltd., said in his speech that Chuneng New Energy will build a first-class standardized and modular green intelligent factory with the fastest speed and best quality, and create model projects and benchmark projects. , and strive to develop into a leading enterprise in Hubei's local new energy industry. Xiaogan is located in the "Han Xiaosuixiang Ten" trillion-level automobile industry corridor, and is also located in the core circle of Wuhan City Circle. At present, Hubei is striving to build a trillion-level automobile industry cluster, and its entry into the new energy lithium battery industry is at the right time; the accelerated development of the urbanization of Wuhan's urban circle will also bring more development opportunities. Editor/He Yuting