Two new battery factories were added, Times Changan and Yaoning Technology

Two new battery factories were added in this period, namely Times Changan and Yaoning Technology. Among them, Times Changan was established on June 28, 2023, and started production in March 2024, with less than 10 months from establishment to production. Yaoning Technology is a subsidiary of Geely Group. In 2022, it acquired Anchi (producing iron-lithium batteries) and its production address is in Jianhu, Jiangsu (established in 2021).