Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com Sept. 26, according to Wuxi official account report, FAW Jiefang Vision Power Smart Battery Manufacturing Base project was signed on September 25, and the groundbreaking ceremony was held on the 26th.

CTOnews.com learned from the article that the project is expected to invest more than 10 billion yuan to develop and produce power batteries and energy storage-related products based on heavy trucks and light trucks, and to build the world's leading commercial vehicle battery intelligent manufacturing base, new energy commercial vehicle business model innovation center and new energy commercial vehicle exclusive product development and incubation base, planning annual production capacity 20GWh, all estimated annual sales of 24 billion yuan after delivery.

It is understood that Vision Power is committed to the research, design, manufacture and sales of power battery systems and energy storage battery systems, providing battery products for more than 950000 electric vehicles in 44 countries.

In addition, the simultaneous foundation of the FAW Liberation Wuxi R & D Base project located in Liangxi District, with a total investment of 420 million yuan, will build the FAW Liberation Power Research and Development Center and enhance the independent R & D capability of FAW Liberation Powertrain.

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