Yiwei Lithium Energy invested 13.8 billion yuan in the United States to build a 21GWh lithium iron phosphate battery factory

Yiwei Lithium Energy plans to invest RMB 13.782 billion (approximately US$1.9 billion) to build a 21GWh lithium iron phosphate battery factory in Marshall County, Mississippi, which is expected to start production operations in 2027.