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According to Jilin Daily, on July 14th, Jing Junhai, Secretary of the Jilin Provincial Party Committee, and Han Jun, Deputy Secretary of the Provincial Party Committee and Governor of Jilin Province, met with Wang Chuanfu, Chairman and President of BYD Corporation, and witnessed the signing of a new energy lithium battery project investment cooperation agreement by the Changchun Municipal Government, China FAW Group, and BYD Corporation.

Jilin Daily

Wang Chuanfu stated that BYD and Jilin have a solid foundation, ample space, and great potential for cooperation. They will closely follow the trend of changes in the automotive industry, focus on increasing investment in technology, talent, funds, and other factors, establish high-quality cooperation projects, and continue to launch first-class products to help accelerate the development of Jilin's automotive industry and strengthen national automotive brands.

Lithium Power Grid has noticed that the Hongqi E-M5 under FAW Group in China has been launched on the market, equipped with BYD's blade battery.

Now, together with the Changchun Municipal Government, China's FAW Group and BYD have signed an investment cooperation agreement for new energy power lithium battery projects, which is a manifestation of their deepening cooperation.

At present, it is not yet known where and when the cooperative "new energy power lithium battery project" will be located, nor is it clear how much investment will be made. But as time goes by, there will inevitably be related news coming out later.

This is another masterpiece of BYD after its establishment in Hefei. On July 9th, Yu Aihua, a member of the Standing Committee of the Anhui Provincial Party Committee and Secretary of the Municipal Party Committee, and Wang Chuanfu, the Chairman and President of BYD, discussed promoting comprehensive strategic cooperation. On July 12th, Hefei BYD Automobile Co., Ltd. was established.

Perhaps it's all coincidence that makes a book. BYD is constantly moving, and CATL is not idle either. When BYD laid out its presence in Hefei, Anhui and launched its attack on Changchun, Jilin, it was also the time when CATL laid out its presence in Shanxi and increased its presence in Yibin, Sichuan!

This is a good phenomenon for the development of new energy in China. Led by two major new energy giants, the new energy industry chain across China will continue to develop rapidly!

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