11
Dec
07:08
Sunwoda's 50 GWh EV battery gigafactory starts production
Chinese battery firm Sunwoda announced its 50-gigawatt-hour EV battery project located in Yiwu, Zhejiang Province has recently started production, Kallanish learns.
According to the company, the first battery cell and first battery pack were produced on 9 December, marking its official start-up. The CNY 21.3 billion ($3 billion) project is predicted to generate an annual output value of CNY 35 billion, while creating 6,000 jobs.
The gigafactory was constru…
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Very good overview of the weekly steel market.
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