On June 6th, Shenzhen Xianyang New Energy Technology Co., Ltd. (hereinafter referred to as "Xianyang New Energy") officially signed a contract with Zhuhai High tech Zone in Guangdong Province. It will invest in the construction of a new energy storage industry base in Zhuhai High tech Zone, mainly engaged in the production and research and development of chemical separation equipment, energy storage equipment, and charging and discharging equipment. The total investment of this project exceeds 2 billion yuan, and the three-year output value will exceed 5 billion yuan.
According to the data, Xianyang New Energy was established in 2018 and is currently a wholly-owned subsidiary of CATL. It has long focused on the new energy industry, focusing on the research and development, manufacturing, and application of advanced power electronic equipment. Xianyang New Energy continues to promote product research and development of battery testing and transformation equipment, new energy conversion equipment, and automotive charging and swapping power station equipment.
Relying on the industrial advantages of CATL, Xianyang New Energy has formed a full chain service technology system and business capabilities. It is a major supplier to many well-known enterprises such as CATL, BYD, Geely, SAIC, Cornex, and InnoSeco.
