KDL to build NEV power battery precision structural parts phase III project in Yibin
2022-12-28 15:02:08 [Print]
KDL announced on December 27 that it plans to use no more than 500 million yuan (71
. 75 million US dollars) of self-raised funds to build the third phase of new energy vehicle (NEV) power battery precision structural parts project in Yibin through its wholly-owned subsidiary Sichuan Kedali Precision Industry Co . , Ltd . The project will produce power battery shell and cover plate, with a planned annual capacity of 60 million sets, and will generate an annual output value of about 1 . 2 billion yuan (172 million US dollars) when it reaches design capacity.