Additional 20 GWh to secure future EV expansion
The planned output is to be 20 GWh annually using eight fully-automated production lines. The first stage of the plant is expected to be completed within a year from now.
The total cost of the investment is to be reportedly 10 billion yuan ($1.49 billion).
The 20 GWh of batteries is equivalent to:
- 200,000 all-electric cars with 100 kWh packs
- 400,000 all-electric cars with 50 kWh packs
- 800,000 plug-in hybrids cars with 25 kWh packs