On September 20th, Lanjing New Energy formalized its new cylindrical battery project in Wuxi, marking a significant investment of 5.5 billion yuan. As a trailblazer in China, Lanjing New Energy stands out for being among the first to achieve mass production of full-tab large cylindrical batteries. By entering into this partnership with Yixing and bringing the project to fruition, Lanjing New Energy is set to catalyze the coordinated growth of upstream and downstream sectors within the industrial chain. This includes positive and negative electrode materials, separators, electrolytes, battery structural components, cell equipment, and PACK integration.
