Sunrise New Energy Co., Ltd. announces plans to build a 1GW lithium battery pack project in the U.S. through its new subsidiary, Alchemistica Incorporated. The project aims to meet the growing demand for energy storage batteries in North America. The company’s founder and CEO, Mr. Haiping Hu, brings extensive experience in the energy storage industry to the initiative. By establishing production capacity in the U.S., Sunrise seeks to enhance synergy between battery applications and anode material business, driving sales and fostering a new energy industry ecosystem in North America. Headquartered in China, Sunrise is a low-cost producer of graphite anode material for lithium-ion batteries.

Read more at GlobeNewswire: Sunrise New Energy Announces 1GW U.S. Lithium Battery Pack