On September 14, Qufu City of Shandong Province and Shandong Runfeng Group signed an official contract for an electric vehicle and new energy project.
It is reported that the project has a total investment of 10 billion yuan, of which an investment of 1.5 billion yuan in the first phase will be started during the year, and will be put into production in December 2012. After all production is completed, the annual output of 150,000 electric vehicles and 500 million ampere-hours of lithium batteries will be paid annually. The tax is 900 million yuan.
Shandong Runfeng Group is a comprehensive group company, a top 500 private company in China and a member of the national “Lithium Ion Battery Industry Drafting Standardâ€. The company's Shandong Runfeng Group New Energy Technology Co., Ltd. is a high-tech enterprise that integrates R&D, production and sales of lithium-ion battery products. The company's main product, lithium iron phosphate power battery is mainly used in various fields such as electric vehicles, solar photovoltaic and wind power energy storage systems, smart grid energy storage systems.
It is reported that the project has a total investment of 10 billion yuan, of which an investment of 1.5 billion yuan in the first phase will be started during the year, and will be put into production in December 2012. After all production is completed, the annual output of 150,000 electric vehicles and 500 million ampere-hours of lithium batteries will be paid annually. The tax is 900 million yuan.
Shandong Runfeng Group is a comprehensive group company, a top 500 private company in China and a member of the national “Lithium Ion Battery Industry Drafting Standardâ€. The company's Shandong Runfeng Group New Energy Technology Co., Ltd. is a high-tech enterprise that integrates R&D, production and sales of lithium-ion battery products. The company's main product, lithium iron phosphate power battery is mainly used in various fields such as electric vehicles, solar photovoltaic and wind power energy storage systems, smart grid energy storage systems.
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