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CATL to Invest $2B in New Energy Battery Project
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CATL to Invest $2B in New Energy Battery Project

Jul 22, 2022
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CATL to Invest $2B in New Energy Battery Project
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CATL to Invest $2B in New Energy Battery Project
(Source: CATL)

Chinese battery giant CATL announced on July 21 that it plans to invest in the construction of a new energy battery base in Shandong Province’s Jining, with a maximum total investment of 14 billion yuan ($2.07 billion).

The project involves setting up a production line for power battery systems and energy storage systems. It is estimated th…

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