Ningde era: two years since it was put into production, the annual output value of FAW has exceeded 10 billion yuan.

CTOnews.com September 21 news, learned from the Ningde era, today, the time FAW Power Battery Co., Ltd. "second anniversary and annual output value of more than 10 billion" release ceremony was held in Xiapu County, Ningde City.

Time FAW project, located in Xiapu County, Ningde City, is a power battery joint venture jointly created by Ningde era, China FAW, Dongfeng Zhi New Technology and Changan New Energy based on their respective advantages, with a total investment of 8 billion yuan.

CTOnews.com learned that in September 2020, the first production line of time FAW was put into production. After two years of development, the first-phase production line has been put into production, and part of the second-phase production line has also been put into use.

As the first and second phase production lines have been put into production, the production capacity of FAW has risen rapidly, and it has supplied more than 10 new energy models of FAW, Dongfeng and Changan. In 2022, the annual output value of time FAW exceeded 10 billion yuan, becoming the first important project in Xiapu County to achieve this breakthrough.