Foreign Exchange
Wuxi Lead Intelligent Equipment signed a framework agreement with an European enterprise
Release time:2019-02-23 Browse:

Recently, Wuxi Lead Intelligent Equipment Co., Ltd., located in the high-tech zone, signed a framework agreement for the production of lithium battery equipment with the European battery manufacturer Northvolt. The two sides plan to carry out about 1.939 billion yuan of business cooperation in the future, marking the official entry into the European lithium battery market of Wuxi Lead Intelligent Equipment. This will break the export record of high-end lithium battery equipment in Jiangsu and become a milestone event in the development of lithium battery equipment in our city.

"From gradually replacing imports, to beating Japanese and south Korean competitors to get the European battery leading orders, Wuxi Lead Intelligent Equipment is the first in Jiangsu Province to sell high-end lithium battery production equipment to developed countries in Europe and the United States, proving that China-made equipment is no longer a synonym for low-end, we can also produce first-class intelligent equipment," said Wang Yanqing, Chairman of Wuxi Lead Intelligent Equipment. In recent years, Wuxi Lead Intelligent Equipment has also established branches in the United States and South Korea, and established cooperative relations with Tesla, Panasonic, LG Chem, Samsung SDI and other well-known enterprises. Wuxi Lead Intelligent Equipment and Northvolt signing a 1.939-billion-yuan strategic cooperation framework agreement was an important step in the internationalization process.


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