The Atlas Precision Ningxiang Production Base project was signed with Ningxiang High-tech Zone in early September. With the joint efforts of the zone and the investor, it has begun to supply components of BYD "blade battery" to Findreams Battery Ningxiang Production Base.

In recent years, Changsha advanced energy storage materials industry has formed a complete industrial chain involving cell, positive precursor positive material, negative material, diaphragm, electrolyte, packaging auxiliary material and battery recovery. By 2020, it had achieved an output value of 39.8 billion yuan, achieving preliminary conditions to build a state-level advanced industrial cluster, and it also attracted more enterprises.

“These products will be transported to Fudi Battery as the components of BYD "blade battery". The main production materials are transported from the company's headquarters, and the Ningxiang base works hard to produce products while installing equipment so as to meet customers’ needs,” said Dingya from Atlas Precision Technology Co., Ltd.

Atlas Precision Technology Co., Ltd. is a new energy vehicle parts supplier that specializes in research and development, design and manufacturing. Its products include aluminum alloy battery case, new energy vehicle thermal management system, electric control case, water cooled motor case, etc. The company mainly provides services for some quality companies like new energy vehicle leader BYD, new energy battery manufacturer CATL (Ningde Times), and new energy battery manufacturer Sunwoda.

The production base is constructed in two phases, with a total investment of 350 million yuan. 4 to 6 intelligent power battery box production lines will be built in the first phase, with an annual output of 160,000 sets of battery boxes and an investment of 150 million yuan. The first phase after operation is expected to reach an annual output value of 200 million yuan and an annual tax value of 10 million yuan.

A new energy vehicle thermal management system production line will be built in the second phase, with an annual output of 260,000 sets of thermal management systems and an investment of 200 million yuan, expected to reach an additional output value of 200 million yuan and an additional tax revenue of 10 million yuan.