Beijing E-town welcomes a new lithium-ion battery factory

"The Beijing Economic-Technological Development Area has gathered a group of leading new energy vehicle manufacturers, holding enormous market potential," said the company.

The company plans to continue utilizing advanced technology, products and solutions to collaborate with Beijing to promote electric transportation and charging station infrastructure.

This partnership aims to create a model of green, low-carbon, high-quality development in Beijing and contribute to establishing a globally competitive new energy industry cluster, according to the company.

The high-end and new energy automobile industry in Beijing E-town has an annual output value exceeding 200 billion yuan ($27.6 billion), accounting for nearly 60 percent of the city's total.

The area is home to leading vehicle manufacturers such as Beijing Benz, BAIC New Energy, Xiaomi Auto and nearly 40 domestic and international component enterprises like Hella.