On December 9, the first battery core and PACK package of Xinwangda Power Yiwu New Energy Power Battery Production Base Project were officially launched, marking the formal commissioning of the project. The total investment
of Xinwangda Power Yiwu Base is 21.3 billion yuan , and the project plans to produce 50 G Wh new energy power batteries annually. The annual output value of the project is estimated to be about 35 billion yuan after full production. According to
the data, Xinwangda is an innovative enterprise focusing on lithium-ion batteries, lithium batteries, power batteries, energy technology and other fields, and has the leading position and advantages in the field of lithium-ion batteries in the world. By the end of 2022, Xinwangda's power and energy storage battery capacity expansion plan has reached 240 GWh, with an investment of more than 100 billion yuan. At present, Xinwangda Power has gradually built ten industrial bases in the world, including Huizhou in Guangdong, Nanjing in Jiangsu, Nanchang in Jiangxi, Zaozhuang in Shandong, Deyang in Sichuan, Yichang in Hubei, Yiwu in Zhejiang, Maoming in Guangdong, Hungary and Morocco, and has set up many technical centers and customer centers overseas.
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