On January 12th, the Yichang Municipal Government and Yichang Bangpu Era New Energy Co., Ltd. signed an investment agreement for a 450,000-tonne new generation LFP project in Foshan City, Guangdong Province. It is reported that Brump previously invested Yuan 32 billion in Yichang City to build the Integrated Industrial Park, which includes three sub projects: Bangpu Recycling, Bangpu Yihua, and Bangpu Era. This time, it will invest Yuan 5 billion to layout the entire EV battery industry chain. After the project is completed and put into operation, it can produce 450,000 tonnes of new generation LFP products annually.
Edited by Cassie Li, lixiangying@mysteel.com
