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Ganfeng Lithium to invest battery production in Turkey

invest battery production

Ganfeng Lithium to invest battery production in Turkey.

China’s Ganfeng Lithium Group (002460.SZ), opens new tab said on Friday its holding unit signed an agreement with a Turkish battery producer to set up a $500 million joint venture for lithium battery production.

Jiangxi Ganfeng Lithium Battery Technology and Turkish top lead-acid battery producer YİĞİT AKÜ (YIGIT.IS), opens new tab plan to build a 5GWh-annum production lithium battery plant in Turkey, according to a filing Ganfeng filed to Shenzhen Stock Exchange.

READ the latest Batteries News shaping the battery market

Ganfeng Lithium to invest battery production in Turkey. source

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