Anqing Huanxin, Samsung SDI jointly constructing automotive battery plant in Xian  [ China ]

On August 18, 2014, construction of an EV battery factory started at the Xian Economic and Technological Development Zone. The project is sponsored jointly by Anqing Huanxin Group Co., Ltd., Shaanxi Province, and Samsung SDI. Investment in this plant is expected to reach USD 600 million, and new operations are scheduled to begin in October 2015. The facility will provide batteries for over 40,0...