Top five manufacturing plant construction projects commenced in China in Q2 2022

Here are the top five factory construction projects that started in the second quarter of 2022 in China, according to GlobalData’s construction projects database.

1. Changchun New Energy Vehicle Manufacturing Plant: – $5,223m

The project includes the construction of a new energy vehicle (NEV) plant in Changchun, Jilin.

Construction work started in the second quarter of 2022 and is expected to be completed in the fourth quarter of 2024.

The project aims to increase production capacity to meet the growing demand for NEV in China.

2. Yibin 20GW High Efficiency Crystalline Silicon Solar Cell Production Plant – $1,636m

The project involves the construction of a 20GW high-efficiency solar cell plant in Xuzhou District, Yibin, Sichuan.

Construction work started in the second quarter of 2022 and is expected to be completed in the fourth quarter of 2024.

The project aims to meet the increasing demand for high-efficiency solar cells in the region.

3. Foshan 30 GWH Lithium Battery Factory – $1,600m

The project involves the construction of a 30 Gwh lithium battery plant in Nanhai District, Foshan, Guangdong.

Construction work started in the second quarter of 2022 and is expected to be completed in the fourth quarter of 2024.

The project aimed to increase production capacity to meet the region’s growing demand for lithium batteries.

4. Tianjin Binhai 24 GWh Power Battery Factory: – $1,494 million

The project includes the construction of a 24 GWh battery production plant in Binhai New Area, Tianjin.

Construction work started in the second quarter of 2022 and is expected to be completed in the fourth quarter of 2025.

The project aims to meet the growing demand for battery products.

5. Production factory for lithium ion battery separator in Zhangshu – $864m

The project includes the construction of a lithium-ion battery separator factory at Zhangshu in Yichun, Jiangsu.

Construction work started in the second quarter of 2022 and is expected to be completed in the fourth quarter of 2024.

The main goal of the project is to meet the growing demand for lithium ion battery separator (LiBS) and ceramic coated separator (CCS).

Methodology:This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25 million from announcement to completion.

Verdict’s parent company GlobalData plc provides business intelligence to 4,000 of the world’s largest companies.

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