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 […]
