Foshan Lighting to enter the field of new energy batteries

Foshan Lighting will produce electric car batteries. On the morning of the 24th, the new plant of Fozhao Guoxuan Power Battery Co., Ltd. laid a foundation in Gaoming. The project plans to invest a total of 130 million yuan. It is expected that it can be completed and put into production by the end of May next year, with an annual production value of about 1 billion yuan.

Fozhao Guoxuan Power Battery Company, jointly established by Foshan Lighting and Hefei Guoxuan Hi-Tech Power Co., Ltd., is mainly engaged in the research, development, and production of lithium-ion batteries and their control systems. The first phase of the project started construction on the previous day amounted to 130 million yuan and covers an area of ​​8,640 square meters. It will specialize in the production of lithium iron phosphate power batteries and various types of electric vehicle battery modules, electric bicycles, electric motorcycle batteries U PS standby power supply and related Application product.

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Shandong Guanzhou Iron and Steel Group Co., Ltd , https://www.cnshansteel.com