Battery | EVE plans to build 50Gwh battery production plant in Sichuan province
Chinese lithium battery supplier Eve Energy plans to sign an agreement with Chengdu city in southwestern Sichuan province to build a 50 GWh per year power and energy storage battery production base there, as well as a local research institute, it said in an announcement on the Shenzhen Stock Exchange on Wednesday.
The project will be built in two phases, with the first phase containing a 20 GWh power battery and energy storage battery production base and the first phase of the research institute. The second phase of the project contains a 30 GWh power battery and energy storage battery production base and the second phase of the institute.
The total investment of the project is RMB 20 billion ($3 billion), of which each phase is RMB 10 billion. The planned site area of the project is about 1,000 mu (0.67 square kilometers), of which about 480 mu