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CATL is set to invest over 60 billion yuan to expand its lithium battery capacity by 200GWh in Ningde, Fujian Province. This initiative is part of a strategic cooperation agreement with the Ningde Municipal Government centered on zero-carbon technology, encompassing 33 initiatives across various sectors.

In Shanghai, two solid-state battery projects were signed on February 27, targeting production by the end of 2026. Meanwhile, Sichuan Tianhua Times New Energy has begun construction on a 3 billion yuan lithium battery materials project, expected to yield 60,000 tons annually, with full production anticipated in early 2027. The company has established production bases in Yibin, Meishan, and Yichun.