Yongtai's 10GWh lithium battery energy storage project started construction

On February 27, Yongtai Company held a groundbreaking ceremony for a 10GWh lithium battery energy storage project at Dafeng Port in Yancheng, Jiangsu. The project plans to invest a total of 3.8 billion yuan, with a planned area of ​​380 mu, of which the first phase will have a total investment of 1.8 billion yuan, a planned area of ​​180 mu, and a construction area of ​​130,000 square meters. After completion, the project will achieve an annual production capacity of 10GWh energy storage and related core parts and components.