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Cornerstone Blog New lab to develop next-generation batteries

New lab to develop next-generation batteries

July 1, 2020 by Cornerstone International Group Leave a Comment

Contemporary Amperex Technology Co Limited, China’s largest lithium-ion battery maker

broke ground on Wednesday on a new laboratory to develop next-generation batteries.

In Its headquarters in the city of Ningde, East China’s Fujian province.

The battery giant reported a 28.6-percent year-on-year growth in net profit in 2019

but its net profit shrank by 29.14 percent in the first quarter of 2020 from a year ago, due to the COVID-19 epidemic.

Read the full article here…

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Filed Under: Cornerstone Blog Tagged With: #business, #china

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