Category: Batteries

Jinlongyu’s Bold Move into Solid-State Batteries Sparks Market Buzz
Batteries, Market Trends, News, Technology

Jinlongyu’s Bold Move into Solid-State Batteries Sparks Market Buzz

Jinlongyu Group is investing CNY1.2 billion (USD160 million) in a solid-state battery production facility in Huizhou, Guangdong. The company has committed CNY150 million (USD20.6 million) to research since 2021, positioning itself for breakthroughs in energy storage technology. Solid-state batteries offer advantages like higher energy density and enhanced safety, despite high production costs. Jinlongyu’s strategic focus […]

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