Aoyang Shunchang, a major producer of lithium batteries in China, will expand?capacity by 2GWh by the end of this year, the company said last week. Equipment?for the new capacity has been?installed.
The Jiangsu-based producer?has overall lithium battery capacity of 3GWh. It has capacity of?2GWh?for the production of nickel-cobalt-aluminium oxide (NCA) battery and 811 cylindrical battery with a high nickel content.
Aoyang Shunchang added that current production of lithium batteries is at full capacity and has confirmed orders until September.