CORNEX Commences Construction on 70GWh Lithium Battery Project in Xiangyang

2025-10-28 Page View:1489

On October 28, CORNEX officially broke ground on its Xiangyang Lithium Battery project in Xiangyang City, Hubei Province.Senior municipal officials, including the Xiangyang Party Secretary, attended the event and announced the official commencement of the project. The ceremony was also attended by CORNEX Chairman Dai Deming.


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The Xiangyang Lithium Battery Project is a crucial component of CORNEX 's strategic plan. Leveraging Xiangyang's unique geographical advantages and industrial foundation, the project involves the construction of a 70GWh modern lithium battery production base integrating advanced manufacturing, technological R&D, and industrial synergy. The largest single factory within the project will have an effective production capacity exceeding 30GWh.

 

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Focusing on two core areas—energy storage and EV batteries—the project will produce a new generation of lithium batteries. These include large-scale energy storage batteries ranging from 588Ah to 1000Ah, and the 4-6C Everest Series super-fast-charging EV batteries. The products boast leading advantages such as large capacity, high energy efficiency, long cycle life, and high-rate performance.Upon completion, the project is expected to create over 5,000 jobs. It will play a significant role in optimizing Xiangyang's industrial structure, building a new energy industry cluster, and promoting high-quality regional economic development.

 

The completion of the Xiangyang facility will solidify the company's strategic layout of 1 global headquarters, 2 R&D centers, and 4 major production bases. The capacity currently under construction has surpassed 400GWh, with total planned capacity exceeding 500GWh. This massive expansion strengthens CORNEX’s ability to serve global clients and further solidifies CORNEX’s leading position in the race to a net-zero future.

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