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Chinese startup ChingTao to build solid-state battery plant – 24HTECH.ASIA

News Snapshot:

Chinese startup ChingTao Energy Development has begun construction of a solid-state battery production facility in Kunshan, in eastern China’s Jiangsu Province, which will be designed for an annual capacity of 10 GWh. It is the company’s second factory. It is not yet known when construction will be completed. As reported by the CN EV Post, the project involves a total investment of five billion yuan, which is equivalent to 710 million euros. The Kunshan site is located in the immediate vicinity of Shanghai. QingTao already has a production line for solid-state lithium batteries with a capacity of one gigawatt-hour per…

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