Yichang's Bangpu Project drives growth in energy materials
2025-04-10 19:04:02
By Ma Yuanchen.
The Bangpu Integrated Industrial Park in Yichang is reshaping the industrial landscape. It is expanding with a 450,000-tonne lithium iron phosphate (LFP) project scheduled for completion in December to meet the demand for fast-charging electric vehicle batteries.
Spanning 6,092 mu (406.12 hectares), this project in CATL's battery supply chain began production within two years and now generates over 10 billion yuan annually.
Yichang's effective administration contributed to the project's rapid progress. A Bangpu executive noted, "Yichang's pro-business policies and efficiency influenced our investment." The park aims to be fully operational by 2028, supplying battery materials for 4 million electric vehicles annually, generating an output of 40 billion yuan, and creating a closed-loop production system.
Yichang is also attracting significant investment in advanced chemical materials, including a 96-billion-yuan fluorosilicone production base, further strengthening its industrial ecosystem.
With LFP batteries accounting for over 80% of China’s EV battery market, Yichang is emerging as a strategic hub for the nation’s new energy ambitions. Local officials view the industrial cluster as key to driving regional economic transformation and advancing China’s green energy goals.
The Bangpu Integrated Industrial Park in Yichang is reshaping the industrial landscape. It is expanding with a 450,000-tonne lithium iron phosphate (LFP) project scheduled for completion in December to meet the demand for fast-charging electric vehicle batteries.
Spanning 6,092 mu (406.12 hectares), this project in CATL's battery supply chain began production within two years and now generates over 10 billion yuan annually.
Yichang's effective administration contributed to the project's rapid progress. A Bangpu executive noted, "Yichang's pro-business policies and efficiency influenced our investment." The park aims to be fully operational by 2028, supplying battery materials for 4 million electric vehicles annually, generating an output of 40 billion yuan, and creating a closed-loop production system.
Yichang is also attracting significant investment in advanced chemical materials, including a 96-billion-yuan fluorosilicone production base, further strengthening its industrial ecosystem.
With LFP batteries accounting for over 80% of China’s EV battery market, Yichang is emerging as a strategic hub for the nation’s new energy ambitions. Local officials view the industrial cluster as key to driving regional economic transformation and advancing China’s green energy goals.
<caption> Yichang Bangpu's integrated industrial park.
Photo by Du Xiaomeng
Photo by Du Xiaomeng
