October 8, the lion of Science and Technology issued a notice, to be located in Zhangzhou, Fujian Zhaoan County replenishment electric vehicle lithium-ion battery production project, we intend to increase the amount of investment of about 25 billion yuan to expand the scale of investment and construction. Adjusted total investment amounted to 2.999 billion yuan. After the completion of the project, it is expected to produce 6 billion three yuan 18650 Wh lithium-ion battery batteries, battery packs and PACK, annual output of about 7.0 billion.

"Lion technology strategy will transition to the advanced battery manufacturing, new energy vehicles and clean electricity three business forward." Lion, Chairman Chen Yue Wu in an interview, said senior engineer Li grid, the capital increase is mainly based on new energy Cars optimistic about the future judgment of the market, this year the lion lithium business and science and technology will be the traditional lead-acid business was flat in 2016, lithium business will reach 2 times the lead acid business.Suzhou Shengteng electronic company will attend the related show