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Lopal Technology's subsidiary Linyuan (Asia Pacific) signed a long-term procurement agreement with Sunwoda to supply 106,800 tonnes of lithium iron phosphate cathode material from 2026 to 2030, with total sales value estimated at RMB 4.5-5.5 billion.
Sunwoda Electric Vehicle Battery signed an agreement to invest 20 billion yuan to build a power battery production base in Nanchang, with annual capacity of 50 GWh.
| Site | Largest | Latest |
|---|---|---|
| Nanchang, China | $3.08B | 2021-08-12 |