Macron officially announces the Sino-French battery business

Chinese Xiamen Xiamen Tungsten New Energy Materials Co., Ltd. is to set up a joint venture in the battery industry with the French company Orano.

This venture will be established in the northern French port city of Dunkirk, with an expected investment of 1.5 billion euros, which will create 1,700 jobs, French President Emmanuel Macron said on May 12.

Xiamen tungsten new energy specializes in the production of lithium battery materials, especially power batteries. Macron pointed out that Xiamen Tungsten Xinneng’s joint venture with Orano is a “complement” to Huineng Technology’s factory, as the company will be “upstream” in the production of electric vehicle batteries.

Elaine Li

Elaine Li

Elaine Li (李益楠) is Marketing Manager for the Chinese Market. With ten years of experience in the nuclear power market, Elaine is experts for the certification of safety equipment (HAF 604 and 601) and marketing intelligence.
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