Xinwangda joins hands with Dongfeng Group and Dongfeng Hongtai to establish a power battery production base in Yichang

On September 18, Xinwanda Electric Vehicle Battery signed a cooperation agreement with Yichang Municipal Government, Dongfeng Group and Dongfeng Hongtai in Wuhan, planning to invest in the construction of a power battery production base with an annual production capacity of 30GWh in Yichang. The project aims to meet the demand for automotive battery products of Dongfeng Group and its affiliates and promote the further development of Hubei's automotive industry.