The comprehensive strength of Wuhan Chuneng New Energy is still very good.

According to Chuneng’s official website, Chuneng New Energy Co., Ltd. has a registered capital of 4 billion yuan. The company focuses on electrochemical energy storage, passenger cars, commercial vehicles and other commercial application fields to promote material innovation and structural innovation. Innovation, manufacturing technology innovation, and business model innovation, with a total investment of 137.5 billion yuan, 4,000 R&D personnel, and a planned production capacity of 350GWh.

The company was established in August 2021. It currently has three major production bases in Wuhan, Xiaogan and Yichang. The Xiaogan base will be put into operation on June 28, 2023, and the Yichang base will be put into operation on August 28, 2023.

On October 16, the 376th batch of "Road Motor Vehicle Manufacturing Enterprises and Product Announcements" issued by the Ministry of Industry and Information Technology showed that the lithium iron phosphate power battery independently developed by Chuneng New Energy will be installed on Dongfeng Motor Group Its passenger cars. Recently, the China Three Gorges Energy Qingyun Energy Storage Phase II Demonstration Project, the country's largest grid-side private energy storage power station equipped with Chuneng's "Yinmo" battery safety system, was fully put into commercial operation in Qingyun County, Shandong Province. The project uses high-pressure liquid-cooled battery prefabricated cabin products independently developed by Chuneng New Energy. Through new energy "peak-shifting collection and storage" and "peak-shifting and valley-filling", it supports local stable green power supply at all times and creates a pure green power grid.