Geely Technology Group breaks ground on 12GWh power battery manufacturing base in Fuling

Shanghai (Gasgoo)- On May 19, Geely Technology Group broke ground on its power battery manufacturing base in Fuling district, Chongqing city, with a targeted production capacity of 12GWh, according to a post of the company's WeChat account.

Ground-breaking ceremony; photo credit: Geely Technology Group

Located in Fuling High-Tech Zone, the new base covers an area of 480mu (320,000 square meters), with a planned floorage of around 310,000 square meters. It will be dedicated to the R&D and production of power battery cells, modules, and packs.

The latest move came after Geely Technology Group signed an agreement with Fuling's local government on November 26, 2021 to build power battery production lines and relevant supporting facilities.

On the same day last year, Geely Technology Group also struck a deal with local authority of Liangjiang New Area in Chongqing to build its west China headquarters and an innovation research institute.

Notably, the company also inked an agreement on March 13 this year for building a power battery manufacturing base in Ganzhou, a prefecture-level city in China's Jiangxi province.

The company said via its WeChat account it planned to plow 30 billion yuan ($4.437 billion) in a power battery production factory in Ganzhou, with a designed capacity of 42GWh per year.