China's Ningxiang focuses on developing advanced energy storage materials industry

Robots work at a factory of the Changsha FinDreams Battery Co., Ltd. in Ningxiang City, central China's Hunan Province, July 5, 2026. Ningxiang City has focused on developing the advanced energy storage materials industry and has built a complete industrial chain covering energy storage materials, battery cell manufacturing and used battery recycling. From January to May this year, the city had 43 major enterprises in the energy storage materials sector, with the industry's output value exceeding 26 billion yuan (about 3.6 billion U.S. dollars). (Xinhua/Lu Peng)

Workers are seen at a factory of the Changsha FinDreams Battery Co., Ltd. in Ningxiang City, central China's Hunan Province, July 5, 2026. Ningxiang City has focused on developing the advanced energy storage materials industry and has built a complete industrial chain covering energy storage materials, battery cell manufacturing and used battery recycling. From January to May this year, the city had 43 major enterprises in the energy storage materials sector, with the industry's output value exceeding 26 billion yuan (about 3.6 billion U.S. dollars). (Xinhua/Lu Peng)

Workers are seen at a workshop of the Hunan Pengbo New Materials Co., Ltd. in Ningxiang City, central China's Hunan Province, July 5, 2026. Ningxiang City has focused on developing the advanced energy storage materials industry and has built a complete industrial chain covering energy storage materials, battery cell manufacturing and used battery recycling. From January to May this year, the city had 43 major enterprises in the energy storage materials sector, with the industry's output value exceeding 26 billion yuan (about 3.6 billion U.S. dollars). (Xinhua/Lu Peng)

People visit the exhibition hall of the Hunan CNGR New Energy Technology Co., Ltd. in Ningxiang City, central China's Hunan Province, July 5, 2026. Ningxiang City has focused on developing the advanced energy storage materials industry and has built a complete industrial chain covering energy storage materials, battery cell manufacturing and used battery recycling. From January to May this year, the city had 43 major enterprises in the energy storage materials sector, with the industry's output value exceeding 26 billion yuan (about 3.6 billion U.S. dollars). (Xinhua/Lu Peng)