On September 28, the groundbreaking ceremony of CATL's Luoyang battery production base (Zhongzhou Contemporary Amperex Technology Limited) was held in the city of Luoyang, Central China's Henan Province.

Located in Yibin District, Luoyang, the production base has a planned land area of 1,700 mu (about 113 hectares) and a total investment of no more than 14 billion yuan. By virtue of Luoyang's industrial foundation and location advantages as an important industrial city in Central China, CATL will further deepen and expand its customer reach in the regional market. 

CATL and Luoyang government will jointly promote the building of the new energy ecosystem, actively introduce upstream and downstream enterprises, develop clean power generation projects, promote battery swapping services, and continuously raise the proportion of electric applications. The two parties will make every effort to build a new energy industry cluster with competitive advantages nationwide in Luoyang, and jointly develop Luoyang into a regional pacesetter in the new energy industry.