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Another 20GWh power battery project was officially put into operation


On July 15, the Riptec 20GWh power battery project, located in the New energy Industrial Park in Liudong New District, Liuzhou City, Guangxi Province, achieved the scheduled progress half a year ahead of schedule and was officially put into operation. According to reports, REPT Power Battery Co., Ltd. is a joint venture built by Liuzhou Secke Technology Development Co., LTD., a subsidiary of SAIC Motor, and RIPU Energy, a subsidiary of Tsingshan Industry

According to the information that Liuzhou REPT's annual output of 20GWh power battery system project was officially signed in March 2022, and construction began in October of the same year, and it was put into production in July this year.

In the Q1 of 2023, REPT Battery ranked third in global energy storage battery shipments, and the first and second were CATL and BYD, with shipments exceeding 3GWh. In whole 2022, REPT battery shipments were 16.61GWh. Since its establishment, REPT Battery has been regarded as a "dark horse" in the industry. In 2020, REPT battery is still a lithium battery enterprise with revenue of less than 1 billion yuan; In 2022, REPT Battery has become a large enterprise with revenue of more than 14.6 billion yuan.

Under the "dual carbon" goal, energy transformation and upgrading have accelerated, and the energy storage industry has ushered in explosive growth. REPT Battery currently has considerable orders in hand, in order to meet the needs of customers in the global market, has been increasing production capacity. Not only the layout of Wenzhou, Foshan, Liuzhou, Jiashan and other production bases, but also recently signed an annual output of 30GWh cell and PACK project in Chongqing, continue to improve the domestic lithium battery capacity planning. In addition, due to the back of Qingshan Industry, the supply of upstream resources is stable, so that REPT battery acceleration of production expansion is full of confidence.

Cao Hui, chairman of REPT Battery, said that REPT Battery set the goal of global power battery enterprises TOP4 and market share of 10% in 2025, and 2026 annual production capacity will be all over the country and overseas, and establish R & D and production centers in Shanghai, Wenzhou, Foshan, Liuzhou, Southwest and other places; Overseas layout will give priority to Europe, Southeast Asia customers
 

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This message comes from foreign battery industry media and is translated by Nuojin Solid Waste Media. If infringement is involved, please contact us to delete it
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