16
Sep
18:11
CATL to invest $2 billion in new-type battery gigafactory in Yichun
CATL is earmarking 13.5 billion yuan ($2.09 billion) to build a new battery manufacturing facility in Yichun city, in Jiangxi province, southeast China, Kallanish reports.
The company said earlier this week the investment will “improve its production capacity layout and meet the company’s future business development and market expansion needs.” The production base for the “new-type lithium-ion battery” will be built in a 1,300-acre ar…
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Anonymous
Very good overview of the weekly steel market.
Anonymous