A total investment of 2 billion US dollars | South Korea's LG chemical battery project settled in Jiangning District, Nanjing

On the afternoon of the 17th, Jiangning Binjiang Development Zone and South Korea's LG Chem held a signing ceremony at Nanjing Hanfu Hotel. The LG chemical battery project with a total investment of US$2 billion was settled in Binjiang. It is reported that this is the first Fortune 500 company in Binjiang Development Zone. enterprise.

Before the signing ceremony, Zhang Jinghua, member of the Standing Committee of the Jiangsu Provincial Party Committee and secretary of the Nanjing Municipal Party Committee, met with the deputy director of LG Chem Jinzhong. Zhang Jinghua said that the LG chemical power battery project has further improved the Nanjing new energy automobile industry chain and enhanced the Nanjing new energy automobile industry. Competitiveness and core technology level provide a strong support for Nanjing to seize the development opportunities of the new energy automobile industry and become the frontier of the development of new energy automobile industry.

At the signing ceremony, the deputy secretary of the Nanjing Municipal Party Committee and Mayor Lan Shaomin expressed congratulations on the signing of the project. He said that Nanjing firmly grasps the requirements of high-quality development and builds an innovative city with global influence as the focus to build '4+ The 4+1' leading industrial system is the main direction, and efforts are being made to build a modern economic system with Nanjing characteristics. In this process, Nanjing attaches great importance to cooperation with the 'World Top 500' large enterprises. The successful signing of the LG Chemical Battery Project , for the high-quality promotion of 'strong Fumei high' new Nanjing construction, speeding up the creation of innovative cities to inject new powerful momentum.

South Korea's LG Chem is the world's professional advanced battery manufacturer, maintaining an average annual sales growth of more than 30% of the battery, especially the automotive power battery and ESS energy storage battery are in the world's first. The contracted project mainly produces power batteries, Energy storage battery and small battery, the factory plans to build electrodes, 23 battery production lines, including 16 power batteries, 3 energy storage batteries, 4 small batteries.

It is reported that the project to be settled in Jiangning Binjiang is scheduled to start construction in October this year, mass production will begin in October 2019, and full production will be achieved in 2023. After the project is put into production, it is estimated that the annual output of power battery will be 32GWh, and the annual output value will reach 35 billion yuan. Renminbi, with a tax of 2 billion yuan. Its power battery products are mainly supplied to famous automobile manufacturers such as Hyundai Motor, Volvo, GM, Chrysler, Renault, etc., and LG will continue to expand as new orders for domestic and international vehicle brands increase. Investment scale and production capacity.

Jiangning District of Nanjing is the most important vitality sector for innovation and open development in Jiangsu and Nanjing. Since last year, Binjiang Development Zone has made breakthroughs in new energy vehicles, electronic information communication, intelligent manufacturing and other industrial projects, and is accelerating its rise to Jiangning and even Nanjing. Economic transformation, an important aspect of upgrading and development. The park has greatly promoted investment promotion, promoted project construction with rapid progress, rapid economic growth, and achieved rapid breakthroughs in project recruitment and construction. Leading projects have come to the fore. In just one year, ZTE, China Information and Communication Technology Group, South Korea LG, Zhuhai Gree, Jingneng Automobile, Carne Battery and other large investment projects with a total investment of more than 100 billion yuan settled in Binjiang. The South Korean LG chemical battery project is located in Binjiang, which is also the focus of the park. A move for the energy smart car industry system 'first move'.

The relevant leaders of Jiangning District pointed out in their speeches: In order to actively comply with the new wave of the global scientific and technological revolution and the trend of energy transformation, Jiangning District regards the development of new energy emerging industrial clusters as a breakthrough direction for the transformation of the industry to high-end transformation. The project, as an important measure for LG Chemical's layout in China, will certainly open up new space for the future development of the company, and will also improve the economic development of Jiangning District and build a modern economic system to inject new powerful momentum.

Correspondent Li Yang Yan Dawei Convergence point reporter Jiao Zhe

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