Honeycomb Energy Power Lithium Battery Project -Lithium - Ion Battery Equipment

Honeycomb Energy Power Lithium Battery Project -Lithium - Ion Battery Equipment

On June 22, Honeycomb Energy Technology Co., Ltd. and Nanjing Lishui Development Zone signed an agreement to invest 5.6 billion yuan to build a power lithium battery production base with a total output of 14.6GWh in the zone. So far, Honeycomb Energy has planned to add nearly 90GWh of new production in the first half of 2021, and it is one step closer to achieving 200GWh of production in 2025.

It is understood that the Honeycomb Energy Lishui Base project is divided into two phases: the first phase is expected to invest 2.6 billion yuan, with a planned output of 6.6GWh, and the annual output value after reaching production is about 4 billion yuan. The first phase is to acquire Yinlong's idle battery workshop and land and carry out The investment and transformation is expected to be put into production in November; the second phase is expected to invest about 3 billion yuan, the planned new land is 340 mu, the output is planned to be 8GWh, and the annual output value will exceed 5 billion yuan after reaching production. In addition, Honeycomb Energy intends to concentrate projects such as HEV soft-pack lithium batteries in Lishui.(Lithium - Ion Battery Equipment)

Relevant leaders of governments at all levels, including Jiangsu Province, Nanjing City, and Lishui District, as well as representatives of both parties, including Yang Hongxin, Chairman and CEO of Honeycomb Energy, attended and witnessed the signing ceremony.

At the ceremony, Yang Hongxin said that Honeycomb Energy is currently in an important period of ramping up production and accelerating export supply. The contract with Lishui District, Nanjing City will further increase the energy output of Honeycomb, ease the increasing customer demand, and make due contributions to the development of the local new energy industry and even the economic and social development.

Xing Chunning, deputy director of the Standing Committee of the Jiangsu Provincial People's Congress, said that the alliance between Lishui District and Honeycomb Energy has not only revitalized local idle resources and saved land resources, but also brought complementary advantages and strong advantages to the future development of Lishui's new energy vehicle industry. Brand agglomeration will effectively drive regional economic development.

At present, with the great development of new energy vehicles, the power lithium battery of core components is obviously in short supply, and the battery shortage is getting worse. Power lithium battery companies have begun to expand the scale of production. As a dark horse of a battery company in recent years, Honeycomb Energy has already been one step ahead of others in its production deployment on a global scale. It has invested in the construction of European factories overseas, and has concentrated in the three major regions of the Yangtze River Delta, South China and Southwest China. Only in the first half of 2021 Sichuan Suining, Zhejiang Huzhou, Anhui Ma'anshan, Nanjing Lishui and other places have invested in the construction of production bases and intelligent factories. According to the latest planning goals, it is expected that the total output of Honeycomb Energy will exceed 200GWh in 2025, and the overall strength will directly point to the top five in the industry.



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