Geely Technology Group's power battery project with a total investment of 30 billion yuan settled in Ganzhou Economic Development Zone

On March 13, Ganzhou Economic and Technological Development Zone and Geely Technology Group signed a power battery investment cooperation agreement. Geely Technology Group will plan to build a power battery project with an annual production capacity of 42GWh in Ganzhou Development Zone, of which the first phase will have a production capacity of 12GWh. This has injected strong momentum to further promote the industrial doubling and upgrading of Ganzhou Economic and Technological Development Zone, accelerate the creation of a 100 billion-level new energy vehicle lithium battery industry cluster, build an important national new energy vehicle industry cluster, and accelerate the construction of "one pole, two places, and four centers".

Wu Zhongqiong, member of the Standing Committee of the Jiangxi Provincial Party Committee and Secretary of the Ganzhou Municipal Party Committee, Li Shufu, Chairman of Geely Holding Group, Xu Nangji, Deputy Secretary of the Ganzhou Municipal Party Committee and Mayor, Gao Shiwen, member of the Standing Committee of the Ganzhou Municipal Party Committee and Executive Vice Mayor of the Municipal Government, Xu Zhihao, Director of Geely Holding Group and CEO of Geely Technology Group, Wang Zhaoxing, Vice President of Geely Holding Group, Yu Wei, Vice President of Geely Technology Group, Chen Shuilian, Secretary of the Party Working Committee of Ganzhou Economic and Technological Development Zone, Wang Yu, Chairman of Farasis Energy (Ganzhou) Co., Ltd., and Wang Zhigang, General Manager of Farasis Energy (Ganzhou) Co., Ltd. attended the signing ceremony.

Ganzhou Mayor Xu Nangji said: "The power battery project planned and constructed by Geely Technology Group in Ganzhou Economic Development Zone is the largest single investment industrial project in our city in recent years. It will surely effectively improve the modernization level of our city's new energy vehicle industry chain and lead and drive the high-quality and sustainable development of our city's new energy vehicle industry. I hope that both parties will speed up the implementation of the project and strive for the early completion, early production and early results of the project. We will mobilize the whole city to actively promote the implementation of the agreement, provide the most preferential policies, the best services and the best environment for project construction and operation, so that enterprises can invest, start businesses and develop smoothly in Ganzhou with confidence."