Car companies join hands with power battery companies to build production bases

In the first quarter of 2024, many automakers and power battery companies cooperated to build production bases. For example, the first phase expansion of the project of Geely (Sichuan) Power Battery Co., Ltd. in Yibin was approved, adding 10GWh/year of lithium-ion power battery production capacity. The first phase of FAW Fudi New Energy Power Battery Project was officially put into production in Changchun, with a total investment of 18 billion yuan.