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CATL pre-invested 88.5 billion yuan to increase production capacity, and the new power replacement brand EVOGO will be released soon

Cataline times can be said to have become a household name, it has been focusing on the development, production and sales of new energy vehicle power battery systems and energy storage systems. It is understood that CATL said in a reply to the Shenzhen Stock Exchange a few days ago that the company will increase the scale of production capacity, and CATL will plan to launch a new power replacement brand EVOGO, which will be released on January 18.

CATL pre-invested 88.5 billion yuan to increase production capacity, and the new power replacement brand EVOGO will be released soon

According to statistics, from January to September 2021, the lithium-ion battery production capacity of the Ningde era is 106.41GWh, but this is not their ultimate goal. Because after the investment scale of CATL, it is expected that the annual production capacity will reach 220GWh to 240GWh.

According to estimates, after considering the new production capacity of this fundraising project, the company still has a capacity gap of 295GWh, assuming that according to the more cautious investment intensity of 300 million yuan / GWh, the corresponding investment scale is expected to be about 88.5 billion yuan.

CATL pre-invested 88.5 billion yuan to increase production capacity, and the new power replacement brand EVOGO will be released soon

It is understood that CATL has signed an agreement with the Guizhou Provincial Government to cooperate in the construction of a power exchange network. According to the agreement, the two sides will cooperate in depth in the construction of new energy vehicle power exchange network facilities, the improvement of new energy vehicle power exchange capacity, and the high-quality development of new energy industry, and jointly build a double highland of Guizhou's new energy market and industry. CATL said that it will take Guiyang as an important base and give full play to the advantages of leading industrial enterprises.

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