Home > Biz Updates

Smart battery manufacturing base worth 10b yuan lands in Wuxi

Updated : 2023-09-27
(en.wuxi.gov.cn)

640 (1).jpg

Signing ceremony for the smart battery manufacturing base. [Photo/Wuxi Daily]

A groundbreaking ceremony for a smart battery manufacturing base worth 10 billion yuan ($1.37 billion) was held in Wuxi, East China's Jiangsu province, on Sept 26.

The manufacturing base, funded by FAW Jiefang Automotive Co and Envision Group, will be engaged in the R&D and production of power batteries for trucks and energy storage-related products.

The base's annual production capacity base is designed to reach 20 GWh and its annual sales revenue is expected to total 24 billion yuan after reaching its full production capacity.

640.jpg

Groundbreaking ceremony for the smart battery manufacturing base. [Photo/Wuxi Daily]

Liu Yigong, deputy general manager of FAW Jiefang, said that Wuxi is a great partner with innovative vitality, sound industrial ecology, and a favorable business environment.

He added that the company will strengthen the base's technological innovation to develop it into a world-class supplier of batteries for commercial vehicles and to contribute to the development of the new energy vehicle industry in Wuxi and around the country.

FAW Jiefang also started building its Wuxi R&D base, which has received a total investment of 420 million yuan, on the same day.

     
Videos
 
67df97dca310c240e2431499.jpeg

2025 Wuxi Marathon kicks off

微信截图_20250303090633.jpg

Wuxi's spring starts from Plum Garden

67a412dca310a2ab87b65ce1.jpeg

Sculpting the imagination

微信截图_20241129102133.jpg

Where to go hiking in Yixing

News
Sports
Videos
Photos
Business
Biz Updates
Industries
Development Zones
Companies
Travel
Attractions
Dining
Accommodation
Shopping
Entertainment
Transportation
Maps
Culture
Culture News
Heritage
Museums
Events
Services
Visa
Marriage
Healthcare
Jobs
Education
Useful Info
Government
Mayor
Departments
Districts
Policies
About
Overview
Statistics
Sister Cities
E-books
Copyright © China Daily. All rights reserved.
The Information Office of Wuxi Municipal People's Government.
Presented by China Daily.
备案号:京ICP备13028878号-34