The Chinese company LEAD INTELLIGENT in Wuxi of Jiangsu Province concluded recently a contract with Volkswagen to deliver 20GWh lithium battery manufacturing equipment. "This cooperation is a hallmark for LEAD to secure its leading role in the European market and marks a new era for LEAD's global operations," said LEAD's press release.
As a trailblazer in promoting electrification transformation, Volkswagen announced an EUR 30 billion investment to build 6 battery factories in Europe. LEAD has become a supplier to the first 20GWh factory in Salzgitter, Germany. The list of lithium battery equipment to be delivered covers calendering, roll baking, cell assembly line, electrolyte filling, cell baking, formation & aging as well as the whole line logistics. LEAD will become the core supplier for the making of Volkswagen 240GWh Giga factory by 2030.
As a world-class automobile manufacturer, Volkswagen has strict quality standards and requirements for suppliers. LEAD maintains its high equipment quality and performance, winning recognition and trust from Volkswagen. LEAD will also supply core equipment to several other European battery manufacturers. LEAD is now commonly recognized by customers with its whole line delivery capabilities and European localized services.
In the early stages of the new energy industry, LEAD adopted a forward-looking global operation strategy, establishing multiple subsidiaries in Europe for localized services. LEAD currently has over 100 local employees and over 1,100 engineers dedicated to the service of overseas customers. LEAD has built a mature European local supply chain and sealed strategic cooperation with many core suppliers such as SIEMENS, ABB, FESTO.
With the global effort of "Carbon Neutral", the new energy industry has entered a period of rapid development. LEAD is upholding its global operations strategy, building a community of shared services and values in various countries and regions, and continuously promoting and accelerating the innovation of the industry with its technological strength. At present, LEAD has established over 10 subsidiaries around the world, playing an increasingly important role in the global market. Without a doubt, LEAD will continue to expand its share in the world market under the propelling of global electrification.
With its goal of becoming the leading brand in new energy equipment, LEAD will continue to deepen its strategic operations, contributing to the global industry development and offer more efficient and intelligent equipment to benefit mankind cause of low carbon and green world, said the LEAD press release.