According to the Suzhou Daily, the solid state power battery project commissioning ceremony of Qingtao Power Technology Development Co., Ltd. was held on October 21. The Qingtao Power solid-state power battery project was jointly established by Huayu Automobile Systems Co., Ltd., a subsidiary of SAIC Motor Group, and Qingtao Energy Development Group, with a total investment of 8 billion yuan, mainly to meet SAIC Motor's NEV power battery needs. The first phase is the construction of a 10GWh solid-state power battery production base. Currently, the solid-state battery technology realized by SAIC Motor Group in cooperation with Qingtao Energy has been applied to mass-produced models.

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