![\"Hithium](\"https:\/\/mms.businesswire.com\/media\/20231211098435\/en\/1965616\/4\/Chongqing_plant.jpg\")
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Hithium Chongqing production plant (Photo: Business Wire)<\/p>\n<\/div>\n
Hithium\u2019s automation gains at Chongqing have resulted in an overall efficiency jump of 30%, as well as cost reductions amounting to a quarter of production overhead, delivering a significant lead in manufacturing competitiveness. Built with an investment of RMB13 billion ($1.8 billion), the site covers 800,000 m2<\/sup> and is located in the Tongliang high-tech zone. The new capacity aims at helping to meet global demand for what is expected to be 720GW of energy storage by 2030.*<\/p>\n Hithium President Jason Wang said, \u201cIntelligent manufacturing is the key to more efficient and more cost-effective battery production. This new plant points the way to lower LCOS, and with it, an affordable energy transition. We\u2019ve achieved production cost reductions of 25% at our new Chongqing facility \u2014 and it\u2019s just the beginning.\u201d<\/p>\n Hithium has invested in developing one of the most advanced production lines in the world, since mass production of battery cells is unusually demanding, given the highly complex manufacturing technologies required. Deviations in production can affect the performance, durability, and even safety of battery cells, with the smallest impurities or irregularities able to damage cells during operation and trigger further defects. Hithium\u2019s production lines thus have thousands of process control points monitored in real time, of which a significant number are directly associated with a certified quality management system.<\/p>\n Automated manufacturing at this level particularly supports the consistency of Hithium products, with the new plant able to provide a battery cell capacity consistency at or under 3Ah. Additionally, for cells from the new facility, the voltage difference is within 3mV, the product discharge consistency is at or under 10mV, and the product process yield is over 95%.<\/p>\n *According to a recent BNEF analysis of the global energy storage market.<\/i><\/p>\n About Hithium<\/b><\/p>\n Founded in 2019, Hithium is a leading manufacturer of top-quality stationary energy storage products for utility-scale as well as commercial and industrial applications. With four distinct R&D centers and multiple \u201cintelligent\u201d production facilities, Hithium\u2019s innovations include groundbreaking safety improvements to its lithium-ion batteries as well as increases in lifecycle. With many decades of cumulative experience in the field among its founders and senior executives, Hithium leverages its specialization in BESS to deliver partners and customers unique advances in energy storage. The company is based in Xiamen, China, with further locations for production, research, or sales in Shenzhen, Munich, Dubai, and California. Hithium has shipped 17 GWh of battery capacity so far.<\/p>\n View source version on businesswire.com: https:\/\/www.businesswire.com\/news\/home\/20231211098435\/en\/<\/a><\/p>\n<\/p>\n
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