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South Korea SK Expansion Power Battery Production Line 2018 Annual Capacity Of 4GWh And So On
Mar 09, 2017

According to the automotive news site Electrek reported that Ningde era and the Swedish car manufacturer NEVS signed a battery supply agreement, Ningde era in the next few years plans to build several Tesla Gigafactory level of large battery factory.

In 2016, Ningde era lithium-ion battery production capacity increased by three times, to achieve a leap-forward growth. Ningde era also plans to increase production capacity by 2020 to 50 gigawatts. If the company can achieve the above-mentioned capacity targets as planned, the Ningde era will become the world's second-largest battery maker after Tesla-Matsushita.