Pangu New Energy received a billion-yuan investment to build China's first sodium battery flexible mass production line

Pangu New Energy has successfully attracted over 100 million yuan of investment from institutions such as GEM, New Energy Battery, Xingyuan Materials, Xiongtao Holdings, Jingshan Light Machinery, Zhengtong Electronics, Xi Venture Capital, and Wuxi Municipal Engineering Group. With this capital, the company has invested 120 million yuan to build the first domestic sodium battery flexible mass production line, which will start production and deliver products to customers in May 2024.