Ningde Times: Xiamen Times New Energy Battery Industrial Base Project (Phase I) Begins, Total Investment Not to Exceed 13 Billion Yuan

 September 6 news, Ningde Times official microblogging said, September 6, Xiamen Times new energy battery industry base project (Phase I) officially opened, the total investment of the project does not exceed 13 billion yuan, the main construction of power battery and energy storage battery production line.

Ningde Times said that this is another innovative practice for Ningde Times to join hands with Xiamen to promote green development after Xiamen Times new lithium-ion battery project (Phase I) started in December last year, which will promote the formation of new energy power battery industry cluster development in Xiamen.

In China, Ningde Times already has 10 bases; in overseas, the German factory has got the production license, the module line has been put into production, and the core line will be put into production at the end of this year. This year, Ningde Time laid out the second European factory in Hungary, the total capacity will reach 100GWh, will start construction this year. The global market share of Ningde Times reached a record high of 34.8% in the first half of this year.