On September 28, the Zhongzhou Times New Energy Production Base Project invested by CATL started construction in Yibin District, Luoyang City.
The project is located at the southwest of the intersection of Simaguang Road and Hanwei Avenue in Yibin District. The planned land area of the project is 1,700 mu. The total investment of the first phase of the project is about 14 billion yuan. It is expected to be completed and put into operation within three years. The project will build a new energy battery base in Yibin District in accordance with the “Lighthouse Factory” standard. In the future, Luoyang and CATL will further explore to expand investment, develop the new energy battery industry, actively introduce upstream and downstream supporting facilities, develop new energy power generation projects, vigorously promote the power exchange model, continuously increase the proportion of new energy applications, and create a nationally competitive 100 billion yuan Yuan output value new energy battery base, and drive the upstream and downstream supporting industries and related service industries with an annual output value of nearly 200 billion yuan.