Hoshion Industrial Aluminium

Hoshion Industrial Aluminium plans to invest CNY 1 billion (USD 154.1 million) to build a plant in Anhui province, China, through its unit Hoshion New Energy Auto Parts, to produce battery cases and aluminum cases for new energy vehicles. Phase 1 production lines will be ready in March 2021, and the full plant is expected to start production in 2023.