Ningbo Huaxiang: Battery shell is expected to start steady production next year, with most products in North America coming from localized production.

Ningbo Huaxiang General Manager Sun Yan stated at the online annual report presentation for 2024 this afternoon that the company's battery shell production capacity layout has been basically completed, and steady production is expected to begin next year. Currently, the company's layout in North America is relatively complete, with the majority of products coming from localized production, while the company is also increasing investment in North America to reduce reliance on imported components.