Automotive Dec 04, 2021 09:48 PM (GMT+8) · EqualOcean
Financial Associated Press, December 4 - the commencement ceremony of Ningde times Bangpu integrated new energy industry project was officially held in Baiyang Industrial Park, Yichang high tech Zone. Ningde times Bangpu integrated new energy industry project takes the cathode material of new energy vehicle power battery as the core, integrates multi link businesses such as "phosphate rock raw material precursor cathode material battery recycling", and covers the whole life cycle of the battery. The total investment of the project is about 32 billion yuan, covering an area of about 5500 mu. It is planned to build a super large-scale production base with an annual output of 360000 tons of iron phosphate, 220000 tons of lithium iron phosphate, 180000 tons of ternary precursors and materials, 40000 tons of lithium cobalt oxide, 40000 tons of recycled graphite and 300000 tons of battery recycling. It is expected that phase I will be put into operation in 2023 and all will be put into operation in 2025, and more than 4 million new energy vehicles will be equipped with battery cathode materials after completion.

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