On April 23, it was reported that Hunan Luoliu Intelligent Equipment Co., Ltd. recently signed a cooperation agreement with a leading energy storage company in Turkey for a 10 GWh fully automatic module and pack production line (including energy storage batteries and blade batteries). The two parties will jointly build a new energy storage battery production base in Ankara, Turkey, featuring world-class technological standards. The total contract value is $150 million (approximately Yuan 1 billion).
A representative from Luoliu Intelligent stated that the cooperation involves over ten fully automatic module and pack production lines. The first production line has already been delivered, and the second line is scheduled for delivery soon.
Edited by Cassie Li, lixiangying@mysteel.com
