On the morning of November 11, the commencement ceremony of the 10GWh lithium battery production line project of Shanxi Guanjia New Energy Development Co., Ltd. was held in the north district of Yingxian Economic and Technological Development Zone, Shuozhou city, Shanxi province.

The total investment of the project is 2.5 billion yuan., the planning covers an area of 200 mu, mainly building factories, warehouses, assembly and production workshops, raw materials and finished products warehouses, etc. to produce cylindrical lithium iron phosphate battery, the main products of sodium ion battery, the project is invested in two phases, the first phase of the construction of 6GWh cell and battery module production line is planned to be completed and put into operation in next June. The second phase of the construction of 4GWh cell and battery module production line is planned to be completed and put into operation in June 2026. The output value of the first phase is expected to reach about 3 billion yuan, and the output value of the second phase is expected to be about 2 billion yuan.