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New Li battery plant for southeast China
Plans to build a “new energy” lithium battery industrial park with a total investment of CNY1.55 billion ($243.7 million) have been unveiled by the Liancheng County government in China’s Fujian Province.
The southeastern county said it will co-invest with other companies to spend a total of CNY920m on manufacturing two different types of lithium batteries— including producing 100 million 18600 lithium-ion cells for energy storage and vehicles each year— plus 20 million “soft pouch lithium batteries”.
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