Heyuan Lithium Investments RMB 5 billion to build a solid-state battery factory with an annual output of 10GWh

Heyuan Lithium Innovation Co., Ltd. invested 5 billion yuan to build a solid-state battery factory with an annual output of 10GWh. The project is divided into three phases. The first phase has a total investment of 500 million yuan to build a 1GWh solid-state battery production line; the second phase has a total investment of 1 billion yuan to build a 2GWh solid-state battery production line; the third phase has a total investment of 3.5 billion yuan to build a 7GWh solid-state battery production line.