The People's Government of Hotan County and Hunan Zhongdeng Energy signed a 1GWh titanium-lithium high-energy power battery production project

On May 8, the People's Government of Hotan County and Hunan Zhongdeng Energy Co., Ltd. successfully signed an investment agreement for the annual production of 1GWh titanium-lithium high-energy power battery production project. The total investment of the project is 633 million yuan, and an automated production line of titanium-lithium high-energy power batteries with an annual output of 1GWh will be installed in the existing four 24,000 square meter standardized industrial plants. After the project reaches full production, it is expected to achieve an operating income of approximately 1.5 billion yuan, provide 100-200 jobs for the local area, and drive the development of the local upstream and downstream industrial chains.