Power battery company increases capital to 4 billion--Seetao

English

[Power battery company increases capital to 4 billion] In 2026, the registered capital of Times Chang'an Power Battery Co., Ltd. will increase from 1.5 billion yuan to 4 billion yuan. The company is jointly owned by CATL, Shenlan Automobile, and Changan Automobile. On January 14th, the second phase project with a total investment of about 5.5 billion yuan and a planned production capacity of 25GWh was signed and landed in Chongqing. It is expected to start construction in the first quarter of this year and be put into operation in the second half of 2027. Previously, its first phase expansion project was put into operation in Yibin, Sichuan in November 2025.Editor/Gao Xue

Click to see more live >>

Latest

2026.02.05 10:14
[Implementation of the new policy for localizing Tanzania's mining industry]
In 2026, Tanzania's new mining policy officially came into effect, requiring that 20 key mining materials must be provided by local enterprises. The authorities have launched the construction of 21 manufacturing factories at the abandoned Buz Waji gold mine site, gradually replacing imports. This measure forces international suppliers to change their original pure export model, and Chinese enterprises need to turn to local production and supply through technology joint ventures and other means to cope with supply chain restructuring.Editor/Gao Xue

2026.02.05 10:12
[The above ground engineering of high-end chemical projects will start construction]
In 2026, Tianjin Xinhecheng High end Chemical New Materials Project made key progress. The project is located in Nangang Industrial Zone, with a total investment of about 10 billion yuan, and will construct a full industry chain production line for adiponitrile, hexamethylenediamine, and nylon 66. At present, the first phase of the project's above ground engineering has obtained construction permits and is ready for full commencement. It is expected to be completed and put into operation in 2027, and the products will be widely used in fields such as automobiles and new energy.Editor/Gao Xue