High level leadership in the promotion of Xinyu City, using the new provincial government will push forward cooperation in the energy industry investment platform, Municipal Organization Department, an active docking Beijing High-tech Zone Development Co., Ltd., Castle Peak energy and electric vehicle battery project, after several rounds of consultations, the project strategic cooperation framework agreement on August 5 signing in the successful high-tech zones.
The project to power batteries and electric vehicle production and sales. The total invest 70 billion yuan investment in 2013 in three phases, a total construction of 120 power battery production line, form 60 000 electric passenger capacity. Initial investment of 1.75 billion yuan, the new 30 power battery production line, and form 10 000 electric passenger capacity. The second phase investment of 1.75 billion yuan, the new 30 battery production lines, 2 million electric vehicle production capacity. The third phase investment of 3.5 billion yuan, the new 60 battery production lines, 3 million electric vehicle production capacity. In addition, Castle Peak Energy Development Co., Ltd. Beijing Xinyu will also set up the country’s largest lithium battery research. The project will accelerate the momentum and the energy storage battery industry in our city, “100 000 000 000 Project”, in order to break through 300 billion industry, the total three-year economic doubled, and speed up the country’s new energy technology industry, the city added a strong support.

