Geely Technology Group battery recycling project starts and plans to be put into production by the end of the year

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com, February 28, according to the official news of Geely Technology Group, the groundbreaking ceremony for the second phase of evergreen new energy project was successfully held on February 27 in Longyan, Fujian Province. The project will accelerate Geely Technology Group to build a complete closed loop of lithium power new energy industry chain.

Geely Technology Group said that Evergreen New Energy Phase II covers an area of 216mu, with a floor area of about 86000 square meters, and plans to achieve its production target by the end of this year.

After the project is put into operation, it can increase the production capacity of 40,000 tons / year of waste lithium batteries and 30,000 tons / year of high-nickel ternary precursors, creating 550 local jobs.

CTOnews.com learned from Geely Technology Group that Evergreen New Energy is a battery recycling and precursor manufacturing enterprise jointly invested by Geely Technology Group, BASF Shanshan and Zijin Mining.

Yu Wei, vice president of Geely Technology Group and chairman of Changqing New Energy, said that Geely Technology Group has focused on the power battery industry with a full-ecological and full-chain layout. and relying on more than 10 Geely brands can provide Changqing New Energy with stable battery material recycling resources.