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29 Feb

Leapmotor starts construction of its third battery factory in Jinhua

Chinese automaker Leapmotor has started the first-phase construction of its third battery factory in Jinhua, Zhejiang Province, China, Kallanish learns. The plant will have an annual production capacity of 384,000 sets of batteries, including 144,000 sets of vehicle-use batteries, 120,000 sets of energy storage batteries and 120,000 sets of low-pressure batteries. The CNY 260 million ($36.2m) Phase 1 project is part of a CNY 830m development that will cover a cons…
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