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25 May
09:20

Yoening Technology to launch LFP battery project in Jianhu

Zhejiang Yoening Technology has officially launched a lithium iron phosphate battery (LFP) project in Jianhu, Yancheng City, Jiangsu Province.  The total investment is about CNY 10.23 billion ($1.53 billion). The construction will cover LFP battery and system assembly production capacity of 12 gigawatt-hours.  Yoening Technology was founded in late 2020, and was derived from the component business sector of Geely Auto. So far, Yoening Technology has dep…
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