CATL subsidiary invested 2 billion yuan in battery energy storage project.
June 6, the 2023 Energy Storage Industry Forum and Xianyang New Energy Signing Ceremony was held in Zhuhai City, with the theme of High-tech Drives the Future of Energy Storage.
Lithium Battery Energy Storage System
Shenzhen Xianyang invested a new energy storage industrial base in Zhuhai, mainly carrying out the production and research of battery pre-charge & formation equipment, battery energy storage equipment, and battery charging and discharging equipment.
The total investment of the project exceeds 2 billion yuan, and the output value will exceed 5 billion yuan in three years.
3 Core Business
The Xianyang was established in 2018 and is a 70% owned subsidiary of CATL.
To serve medium and senior battery manufacturers by focusing on R & D, manufacturing and application of advanced power electronic equipment, the company is committed to providing overall solutions in the sectors of lithium battery equipment manufacturing, PV energy storage, EV charging and battery swapping.
The company has established two R&D centers in Shenzhen, and has built three special laboratories of pre-charge & formation, photovoltaic energy storage and intelligent charging and swapping.
In recent years, by relying on the industrial advantages of CATL, Xianyang has formed a full-supply-chain system and operation capabilities, and has become the main supplier of battery enterprises such as CATL, BYD, Geely, SAIC, Chuneng New Energy, Innosecco and so on.
