On January 10th, the annual production of 15 GWh solid-state battery pack project by Hubei Juyuan Power Co., Ltd. was officially signed at the centralized signing ceremony for the 2025 investment promotion project in Jingzhou City, Hubei Province.
It is reported that the total investment of the project is Yuan 3.5 billion, with a planned land acquisition of 200 acres and construction in two phases. The total investment for the first phase is around Yuan 1 billion, to build an automated production line with an annual output of 3 GWh solid-state battery packs, which can achieve mass production in the second half of 2025. The initial stage of the product is mainly aimed at charging and swapping batteries for two wheeled vehicles, and it will gradually expand to application scenarios such as drones, backup power sources, household consumer electronics, and energy storage.
The total investment for the second phase is about Yuan 2.5 billion, with plans to acquire 200 acres of land and expand production capacity to 15 GWh. At the same time, significant investment will be made in the research and production of solid electrolytes and cathode materials.
Edited by Cassie Li, lixiangying@mysteel.com
